Farpoint Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,868 | 2,172 | 9,696 | 75.0 | — |
| 2022 | 68,383 | 64,719 | 3,664 | 0.7 | — |
| 2023 | 73,567 | 69,273 | 4,294 | 0.7 | — |
In its most recent public year (2023), this organization brought in $4,294 more than it spent. Its reserves stood at about 0.7 months of spending, down from 75 in 2020.
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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