Foundation For Regional Transit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2016 | 63,561 | 67,405 | −3,844 | 6.5 | — |
| 2017 | 87,365 | 79,892 | 7,473 | 4.7 | — |
| 2018 | 136,725 | 134,301 | 2,424 | 3.8 | — |
| 2019 | 181,738 | 195,879 | −14,141 | 1.5 | — |
| 2020 | 270,542 | 235,108 | 35,434 | 3.1 | 36% |
| 2021 | 163,001 | 177,769 | −14,768 | 3.1 | — |
| 2022 | 278,273 | 167,359 | 110,914 | 11.7 | 57% |
| 2023 | 281,154 | 207,736 | 73,418 | 13.7 | 54% |
In its most recent public year (2023), this organization brought in $73,418 more than it spent. Its reserves stood at about 13.7 months of spending. Staff pay was 54% of spending. $101,250 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
Foundation For Regional Transit'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