nonprofit · EIN 23-7211935 · CT
How much does FINANCIAL ACCOUNTING FOUNDATION raise and spend?
FINANCIAL ACCOUNTING FOUNDATION (CT, EIN 23-7211935) reported $80.8M in revenue and $70.1M in expenses for tax year 2023, with $107.0M in net assets (18.3 months of reserves). By expenses that ranks 5,929 of 539,974 e-filers, 63 of 6,952 in NTEE W: Public & Societal Benefit, 76 of 7,332 nonprofits in connecticut.
What stands out
FINANCIAL ACCOUNTING FOUNDATION (CT, EIN 23-7211935) reported $80.8M in revenue and $70.1M in expenses for tax year 2023, with $107.0M in net assets (18.3 months of reserves). By expenses that ranks 5,929 of 539,974 e-filers, 63 of 6,952 in NTEE W: Public & Societal Benefit, 76 of 7,332 nonprofits in connecticut. Against NTEE W: Public & Societal Benefit: months of reserves 18.3 months, above the peer median of 12.9 months; officer compensation share of expenses 10.0%, above the peer median of 7.5%; contributions share of revenue 0.0%, below the peer median of 81.1%; surplus margin 13.3%, above the peer median of 6.4%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $80.8M | $144.1k | $21.6M | $194.7k |
| Total expenses | $70.1M | $122.3k | $20.9M | $178.5k |
| Total assets | $145.7M | $446.3k | $29.9M | $775.3k |
| Net assets | $107.0M | $423.2k | $17.0M | $622.5k |
| Officer compensation (total per organisation) | $7.0M | $131.6k | $609.0k | $113.0k |
| Program service revenue share | 0.0% | 0.0% | 74.7% | 13.8% |
| Contributions share of revenue | 0.0% | 81.1% | 13.8% | 57.5% |
| Officer compensation share of expenses | 10.0% | 7.5% | 2.5% | 6.5% |
| Months of reserves | 18.3 months | 12.9 months | 9.0 months | 12.6 months |
| Surplus margin | 13.3% | 6.4% | 1.8% | 3.9% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $80.8M | $70.1M | $107.0M | 18.3 months | $7.0M | 5,929 |
| 2022 | $75.6M | $63.9M | $94.3M | 17.7 months | $6.7M | 5,890 |
| 2021 | $61.7M | $56.7M | $83.6M | 17.7 months | $6.4M | 4,139 |
| 2020 | $60.7M | $55.9M | $79.8M | 17.1 months | $6.7M | 5,938 |
| 2019 | $58.3M | $56.0M | $73.4M | 15.7 months | $6.2M | 5,692 |
| 2018 | $56.7M | $52.1M | $70.1M | 16.2 months | $6.0M | 5,536 |
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