Friends Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,570,529 | 25,585,098 | 985,431 | 28.2 | 45% |
| 2012 | 26,693,442 | 26,753,994 | −60,552 | 25.5 | 45% |
| 2013 | 27,794,344 | 27,165,584 | 628,760 | 28.0 | 46% |
| 2014 | 28,983,179 | 28,364,546 | 618,633 | 28.7 | 46% |
| 2015 | 29,507,129 | 28,837,264 | 669,865 | 28.8 | 46% |
| 2016 | 29,821,287 | 29,711,450 | 109,837 | 25.4 | 45% |
| 2017 | 31,265,827 | 30,578,469 | 687,358 | 27.7 | 45% |
| 2018 | 31,301,505 | 30,341,951 | 959,554 | 34.0 | 46% |
| 2019 | 31,973,924 | 31,856,754 | 117,170 | 34.7 | 46% |
| 2020 | 31,470,471 | 30,416,813 | 1,053,658 | 37.5 | 49% |
| 2021 | 30,411,338 | 38,940,193 | −8,528,855 | 31.4 | 39% |
| 2022 | 33,637,084 | 33,276,246 | 360,838 | 33.0 | 48% |
| 2023 | 33,707,583 | 36,300,239 | −2,592,656 | 31.1 | 47% |
| 2024 | 35,633,692 | 37,994,599 | −2,360,907 | 31.2 | 47% |
In its most recent public year (2024), this organization spent $2,360,907 more than it brought in. Its reserves stood at about 31.2 months of spending, up from 28.2 in 2011. Staff pay was 47% of spending. $5,069,136 of its net assets are donor-restricted.
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
Friends Academy's IRS filings as a feed — one entry per filing year, through 2024. 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