First Ladies Association For Research And Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,355 | 793 | 6,562 | 99.3 | — |
| 2021 | 53,178 | 15,833 | 37,345 | 33.3 | — |
| 2022 | 19,106 | 9,822 | 9,284 | 64.7 | — |
| 2023 | 25,798 | 13,286 | 12,512 | 59.2 | — |
In its most recent public year (2023), this organization brought in $12,512 more than it spent. Its reserves stood at about 59.2 months of spending, down from 99.3 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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