Faculty Practice Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 331,059,565 | 332,191,904 | −1,132,339 | 2.1 | 62% |
| 2012 | 325,655,688 | 332,127,352 | −6,471,664 | 1.8 | 60% |
| 2013 | 342,603,224 | 342,101,292 | 501,932 | 1.8 | 58% |
| 2014 | 356,403,547 | 351,869,044 | 4,534,503 | 2.0 | 56% |
| 2015 | 339,414,756 | 344,678,587 | −5,263,831 | 1.9 | 59% |
| 2016 | 365,892,079 | 364,447,505 | 1,444,574 | 1.9 | 60% |
| 2017 | 391,640,274 | 385,328,428 | 6,311,846 | 1.9 | 61% |
| 2018 | 388,751,730 | 390,544,612 | −1,792,882 | 1.9 | 62% |
| 2019 | 389,978,596 | 390,788,354 | −809,758 | 2.0 | 64% |
| 2020 | 418,419,019 | 423,811,179 | −5,392,160 | 1.7 | 68% |
| 2021 | 409,797,243 | 409,334,309 | 462,934 | 2.0 | 73% |
| 2022 | 458,441,179 | 462,120,994 | −3,679,815 | 1.6 | 68% |
| 2023 | 497,729,032 | 498,398,370 | −669,338 | 1.6 | 69% |
In its most recent public year (2023), this organization spent $669,338 more than it brought in. Its reserves stood at about 1.6 months of spending. Staff pay was 69% 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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