Fostering Life-Changing Opportunities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 497,261 | 49,194 | 448,067 | 109.3 | 24% |
| 2020 | 562,928 | 280,310 | 282,618 | 31.3 | 25% |
| 2021 | 4,295,924 | 627,671 | 3,668,253 | 103.5 | 33% |
| 2022 | 323,803 | 1,115,631 | −791,828 | 49.2 | 37% |
| 2023 | 167,579 | 1,122,543 | −954,964 | 38.8 | 47% |
In its most recent public year (2023), this organization spent $954,964 more than it brought in. Its reserves stood at about 38.8 months of spending, down from 109.3 in 2019. Staff pay was 47% of spending. $30,200 of its net assets are donor-restricted.
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
Fostering Life-Changing Opportunities's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works