Friendship Center For New Beginnings Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 206,057 | 178,860 | 27,197 | 31.8 | 36% |
| 2012 | 203,294 | 165,624 | 37,670 | 35.1 | 28% |
| 2013 | 184,847 | 187,287 | −2,440 | 30.9 | 22% |
| 2014 | 232,168 | 184,277 | 47,891 | 31.9 | 21% |
| 2015 | 167,280 | 180,179 | −12,899 | 0.0 | 20% |
| 2016 | 208,724 | 159,282 | 49,442 | 35.5 | 22% |
| 2017 | 218,510 | 190,754 | 27,756 | 29.5 | 21% |
| 2018 | 115,027 | 167,927 | −52,900 | 29.7 | 0% |
| 2019 | 186,595 | 166,989 | 19,606 | 29.1 | 0% |
| 2020 | 178,045 | 131,876 | 46,169 | 0.0 | 0% |
| 2021 | 187,534 | 146,117 | 41,417 | 35.9 | 0% |
| 2022 | 178,240 | 169,925 | 8,315 | 27.1 | 45% |
| 2023 | 149,450 | 180,702 | −31,252 | 20.4 | 49% |
In its most recent public year (2023), this organization spent $31,252 more than it brought in. Its reserves stood at about 20.4 months of spending, down from 31.8 in 2011. Staff pay was 49% 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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