Foundation Property Management Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,312,509 | 16,513,390 | −2,200,881 | 18.4 | 11% |
| 2012 | 14,876,509 | 17,582,338 | −2,705,829 | 15.4 | 11% |
| 2013 | 15,233,790 | 18,229,371 | −2,995,581 | 12.9 | 12% |
| 2014 | 15,639,743 | 18,734,681 | −3,094,938 | 10.6 | 12% |
| 2015 | 16,533,760 | 19,360,360 | −2,826,600 | 8.5 | 13% |
| 2016 | 17,100,533 | 20,773,542 | −3,673,009 | 5.8 | 14% |
| 2017 | 17,449,527 | 21,208,331 | −3,758,804 | 3.5 | 13% |
| 2018 | 15,488,651 | 21,455,218 | −5,966,567 | 0.1 | 14% |
| 2019 | 17,308,016 | 21,418,342 | −4,110,326 | -2.2 | 15% |
| 2020 | 17,829,483 | 21,060,168 | −3,230,685 | -4.0 | 14% |
| 2021 | 18,940,331 | 20,912,862 | −1,972,531 | -5.2 | 14% |
| 2022 | 16,360,712 | 20,815,741 | −4,455,029 | -13.0 | 13% |
| 2023 | 14,530,644 | 22,058,389 | −7,527,745 | -16.4 | 16% |
In its most recent public year (2023), this organization spent $7,527,745 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-16.4 months), down from 18.4 in 2011. Staff pay was 16% 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
Foundation Property Management Inc'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