Friendship Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 0 | 0 | 0 | — | — |
| 2010 | 0 | 0 | 0 | — | — |
| 2019 | 61,562 | 23,759 | 37,803 | 19.1 | — |
| 2020 | 74,455 | 134,710 | −60,255 | -2.0 | — |
| 2021 | 52,538 | 108,226 | −55,688 | -8.7 | — |
| 2022 | 13,750 | 31,519 | −17,769 | -37.8 | — |
| 2023 | 277,388 | 113,970 | 163,418 | 7.1 | 65% |
In its most recent public year (2023), this organization brought in $163,418 more than it spent. Its reserves stood at about 7.1 months of spending. Staff pay was 65% 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
Friendship Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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