Friends School Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,363,799 | 3,236,840 | 126,959 | 8.0 | 47% |
| 2012 | 3,220,002 | 3,227,710 | −7,708 | 8.0 | 48% |
| 2013 | 3,144,689 | 2,962,489 | 182,200 | 9.5 | 46% |
| 2014 | 2,672,134 | 2,859,254 | −187,120 | 9.2 | 46% |
| 2015 | 2,324,712 | 2,276,623 | 48,089 | 11.9 | 56% |
| 2016 | 2,393,475 | 2,192,602 | 200,873 | 13.4 | 59% |
| 2017 | 2,267,451 | 2,286,758 | −19,307 | 12.9 | 59% |
| 2018 | 1,992,314 | 2,326,065 | −333,751 | 11.0 | 57% |
| 2019 | 2,121,584 | 2,516,635 | −395,051 | 8.4 | 56% |
| 2020 | 3,239,410 | 3,630,675 | −391,265 | 4.6 | 40% |
| 2021 | 3,597,148 | 3,593,321 | 3,827 | 4.8 | 37% |
| 2022 | 4,696,625 | 3,902,534 | 794,091 | 6.8 | 40% |
| 2023 | 4,192,825 | 4,198,347 | −5,522 | 6.3 | 40% |
In its most recent public year (2023), this organization spent $5,522 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 8 in 2011. Staff pay was 40% of spending. $573,959 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 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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