Fortis Capital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 31,097 | 30,279 | 818 | 27.5 | 0% |
| 2022 | 92,915 | 82,602 | 10,313 | 11.6 | 0% |
| 2023 | 1,392,728 | 721,541 | 671,187 | 12.5 | 15% |
In its most recent public year (2023), this organization brought in $671,187 more than it spent. Its reserves stood at about 12.5 months of spending, down from 27.5 in 2021. Staff pay was 15% of spending. $573,775 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
Fortis Capital'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