Princeton Friends School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,716,832 | 4,272,072 | −555,240 | 26.6 | 46% |
| 2021 | 3,582,465 | 4,024,541 | −442,076 | 30.3 | 47% |
| 2022 | 4,722,240 | 4,914,193 | −191,953 | 22.0 | 39% |
| 2023 | 4,470,011 | 5,253,387 | −783,376 | 19.4 | 41% |
In its most recent public year (2023), this organization spent $783,376 more than it brought in. Its reserves stood at about 19.4 months of spending, down from 26.6 in 2020. Staff pay was 41% of spending. $4,721,365 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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