Foundation For An Independent Tomorrow
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,800,361 | 2,766,664 | 33,697 | 28.6 | 53% |
| 2021 | 3,239,580 | 3,202,084 | 37,496 | 24.4 | 53% |
| 2022 | 3,984,451 | 4,098,271 | −113,820 | 18.8 | 45% |
| 2023 | 4,642,493 | 4,406,294 | 236,199 | 18.1 | 45% |
In its most recent public year (2023), this organization brought in $236,199 more than it spent. Its reserves stood at about 18.1 months of spending, down from 28.6 in 2020. Staff pay was 45% 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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