Ferndale Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 635,495 | 574,597 | 60,898 | 6.0 | 4% |
| 2012 | 470,814 | 474,178 | −3,364 | 7.1 | 0% |
| 2013 | 152,326 | 166,322 | −13,996 | 19.2 | 21% |
| 2014 | 101,975 | 144,360 | −42,385 | 18.6 | 27% |
| 2016 | 134,188 | 144,801 | −10,613 | 14.9 | 30% |
| 2017 | 156,403 | 166,891 | −10,488 | 12.2 | 25% |
| 2019 | 176,339 | 179,830 | −3,491 | 11.1 | 25% |
| 2021 | 382,858 | 178,940 | 203,918 | 27.6 | 28% |
| 2022 | 1,650,215 | 1,425,763 | 224,452 | 5.3 | 5% |
| 2023 | 1,617,783 | 1,525,740 | 92,043 | 5.7 | 5% |
In its most recent public year (2023), this organization brought in $92,043 more than it spent. Its reserves stood at about 5.7 months of spending. Staff pay was 5% 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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