The Friends Of Arizona Highways Magazine Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 845,600 | 826,607 | 18,993 | 1.8 | 9% |
| 2012 | 679,852 | 724,922 | −45,070 | 1.3 | 11% |
| 2013 | 648,003 | 642,567 | 5,436 | 1.6 | 14% |
| 2014 | 672,544 | 683,099 | −10,555 | 0.7 | 15% |
| 2015 | 727,121 | 733,290 | −6,169 | 0.5 | 15% |
| 2016 | 1,002,417 | 735,401 | 267,016 | 4.8 | 18% |
| 2017 | 881,869 | 830,052 | 51,817 | 5.0 | 17% |
| 2018 | 764,728 | 838,333 | −73,605 | 3.8 | 20% |
| 2019 | 745,454 | 778,887 | −33,433 | 4.1 | 20% |
| 2020 | 254,910 | 397,544 | −142,634 | 3.6 | 36% |
| 2021 | 745,925 | 761,414 | −15,489 | 1.3 | 21% |
| 2022 | 1,070,653 | 1,026,793 | 43,860 | 1.2 | 18% |
| 2023 | 896,990 | 940,336 | −43,346 | 0.8 | 25% |
In its most recent public year (2023), this organization spent $43,346 more than it brought in. Its reserves stood at about 0.8 months of spending. Staff pay was 25% of spending. $11,917 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
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