Firm Foundations Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 191,090 | 179,417 | 11,673 | 1.2 | — |
| 2022 | 264,657 | 290,346 | −25,689 | -0.3 | 65% |
| 2023 | 374,037 | 344,421 | 29,616 | 0.8 | 63% |
In its most recent public year (2023), this organization brought in $29,616 more than it spent. Its reserves stood at about 0.8 months of spending. Staff pay was 63% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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