Friendship Connection Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,184 | 63,454 | 6,730 | 25.0 | — |
| 2012 | 40,017 | 65,864 | −25,847 | 19.4 | — |
| 2013 | 63,416 | 68,770 | −5,354 | 17.6 | — |
| 2014 | 58,238 | 65,017 | −6,779 | 17.4 | — |
| 2015 | 57,419 | 81,962 | −24,543 | 10.2 | — |
| 2016 | 45,114 | 42,375 | 2,739 | 20.5 | — |
| 2017 | 56,339 | 42,182 | 14,157 | 24.6 | — |
| 2018 | 56,305 | 38,122 | 18,183 | 32.9 | — |
| 2019 | 76,069 | 43,870 | 32,199 | 37.4 | — |
| 2020 | 48,911 | 23,343 | 25,568 | 83.5 | — |
| 2021 | 13,124 | 23,599 | −10,475 | 77.2 | — |
| 2022 | 28,675 | 22,833 | 5,842 | 82.9 | — |
| 2023 | 22,538 | 44,901 | −22,363 | 36.2 | — |
In its most recent public year (2023), this organization spent $22,363 more than it brought in. Its reserves stood at about 36.2 months of spending, up from 25 in 2011.
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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