Foster Nation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 975,776 | 407,136 | 568,640 | 16.8 | 18% |
| 2022 | 795,181 | 518,242 | 276,939 | 19.6 | 33% |
| 2023 | 782,996 | 705,390 | 77,606 | 15.7 | 29% |
In its most recent public year (2023), this organization brought in $77,606 more than it spent. Its reserves stood at about 15.7 months of spending. Staff pay was 29% 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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