Katahdin Friends Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 7,063,637 | 5,721,684 | 1,341,953 | 9.2 | 58% |
| 2022 | 7,188,761 | 6,833,679 | 355,082 | 7.4 | 60% |
| 2023 | 7,603,860 | 7,091,701 | 512,159 | 8.6 | 58% |
| 2024 | 8,000,647 | 7,676,143 | 324,504 | 9.4 | 57% |
In its most recent public year (2024), this organization brought in $324,504 more than it spent. Its reserves stood at about 9.4 months of spending. Staff pay was 57% 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 2024. 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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