Ralph Ajifu Ffa Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 39,405 | 17,833 | 21,572 | 510.8 | 0% |
| 2021 | 75,668 | 43,044 | 32,624 | 244.4 | 0% |
| 2022 | 37,274 | 98,211 | −60,937 | 75.1 | 0% |
| 2023 | 42,262 | 57,186 | −14,924 | 150.4 | 0% |
In its most recent public year (2023), this organization spent $14,924 more than it brought in. Its reserves stood at about 150.4 months of spending, down from 510.8 in 2020. Staff pay was 0% 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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