990 Scout/ Fomares INC/ Financials

Financial Information for Fomares INC

Fomares INC's annual revenue was $306K in tax year 2025, reported on their IRS Form 990. They spent $244K in total expenses. 99% went to programs and services.

Financial Breakdown

What is Fomares INC's total annual expenses?

Fomares INC spent $244K in tax year 2025, according to their IRS Form 990 filing.

How much of Fomares INC's budget goes to programs?

Fomares INC spent $242K (99% of expenses) on programs and services in tax year 2025.

How much does Fomares INC spend on overhead?

Fomares INC's overhead in tax year 2025 includes administrative (1%) of their expenses.

What is Fomares INC's net worth?

Fomares INC had net assets of $168K as of the end of tax year 2025.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.