Filipino-American Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 453,709 | 520,879 | −67,170 | 30.8 | 61% |
| 2011 | 576,987 | 501,893 | 75,094 | 33.8 | 52% |
| 2012 | 373,917 | 431,979 | −58,062 | 37.4 | 52% |
| 2013 | 329,970 | 375,307 | −45,337 | 38.0 | 50% |
| 2014 | 2,144,643 | 1,666,529 | 478,114 | 11.5 | 64% |
| 2015 | 1,906,582 | 1,900,279 | 6,303 | 10.4 | 61% |
| 2016 | 2,269,500 | 2,195,522 | 73,978 | 9.3 | 60% |
| 2017 | 2,829,522 | 2,526,692 | 302,830 | 9.9 | 56% |
| 2018 | 3,216,243 | 3,241,471 | −25,228 | 7.3 | 54% |
| 2019 | 660,127 | 591,137 | 68,990 | 29.9 | 35% |
| 2020 | 722,136 | 667,859 | 54,277 | 27.0 | 41% |
| 2021 | 1,027,617 | 696,379 | 331,238 | 27.8 | 41% |
| 2022 | 1,655,122 | 1,636,842 | 18,280 | 12.4 | 45% |
| 2023 | 2,462,732 | 1,914,314 | 548,418 | 14.0 | 54% |
In its most recent public year (2023), this organization brought in $548,418 more than it spent. Its reserves stood at about 14 months of spending, down from 30.8 in 2010. Staff pay was 54% of spending. $25,100 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
Filipino-American Development Foundation'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