Friends Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 512,841 | 464,055 | 48,786 | 2.1 | 42% |
| 2012 | 463,680 | 460,650 | 3,030 | 2.2 | 45% |
| 2013 | 448,477 | 470,342 | −21,865 | 1.6 | 48% |
| 2014 | 412,140 | 419,625 | −7,485 | 1.6 | 41% |
| 2015 | 407,438 | 412,800 | −5,362 | 1.4 | 45% |
| 2016 | 466,479 | 407,187 | 59,292 | 3.2 | 44% |
| 2017 | 459,728 | 450,404 | 9,324 | 3.1 | 42% |
| 2018 | 440,862 | 434,032 | 6,830 | 3.4 | 43% |
| 2019 | 414,926 | 425,966 | −11,040 | 3.2 | 44% |
| 2020 | 301,349 | 378,776 | −77,427 | 1.1 | 49% |
| 2021 | 395,481 | 356,025 | 39,456 | 2.5 | 53% |
| 2022 | 432,421 | 408,479 | 23,942 | 2.9 | 41% |
| 2023 | 500,717 | 469,911 | 30,806 | 3.3 | 51% |
In its most recent public year (2023), this organization brought in $30,806 more than it spent. Its reserves stood at about 3.3 months of spending, up from 2.1 in 2011. Staff pay was 51% 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 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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