Federal Way Senior Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 139,167 | 121,849 | 17,318 | 7.3 | — |
| 2012 | 124,770 | 102,785 | 21,985 | 11.2 | 43% |
| 2013 | 99,787 | 81,534 | 18,253 | 16.8 | 31% |
| 2014 | 99,771 | 80,603 | 19,168 | 19.2 | 32% |
| 2015 | 107,160 | 100,681 | 6,479 | 16.2 | 43% |
| 2016 | 115,964 | 156,433 | −40,469 | 7.3 | — |
| 2017 | 115,204 | 140,028 | −24,824 | 6.0 | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 120,600 | 144,820 | −24,220 | 9.7 | — |
| 2020 | 320,950 | 132,931 | 188,019 | 17.0 | 57% |
| 2021 | 235,763 | 139,813 | 95,950 | 24.4 | 48% |
| 2022 | 202,592 | 162,822 | 39,770 | 23.9 | 55% |
| 2023 | 289,889 | 208,085 | 81,804 | 21.1 | 46% |
In its most recent public year (2023), this organization brought in $81,804 more than it spent. Its reserves stood at about 21.1 months of spending, up from 7.3 in 2011. Staff pay was 46% 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
Federal Way Senior Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works