First Graduate
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,550,459 | 1,738,433 | −187,974 | 5.7 | 52% |
| 2012 | 1,685,574 | 1,651,159 | 34,415 | 6.3 | 54% |
| 2013 | 1,546,719 | 1,503,949 | 42,770 | 7.2 | 55% |
| 2014 | 1,802,554 | 1,592,281 | 210,273 | 8.4 | 50% |
| 2015 | 2,020,376 | 2,092,468 | −72,092 | 6.0 | 52% |
| 2016 | 1,931,777 | 2,109,847 | −178,070 | 4.9 | 56% |
| 2017 | 2,432,832 | 2,025,344 | 407,488 | 7.5 | 57% |
| 2018 | 1,939,658 | 2,167,199 | −227,541 | 5.8 | 53% |
| 2019 | 1,476,162 | 1,801,684 | −325,522 | 4.8 | 57% |
| 2020 | 1,626,293 | 1,344,969 | 281,324 | 8.9 | 48% |
| 2021 | 1,827,168 | 1,340,775 | 486,393 | 13.3 | 54% |
| 2022 | 2,044,310 | 1,640,076 | 404,234 | 13.8 | 50% |
| 2023 | 1,748,727 | 1,918,527 | −169,800 | 10.8 | 52% |
In its most recent public year (2023), this organization spent $169,800 more than it brought in. Its reserves stood at about 10.8 months of spending, up from 5.7 in 2011. Staff pay was 52% of spending. $731,569 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
First Graduate'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