Friends Of The Up Island Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 24,525 | 19,842 | 4,683 | 29.2 | — |
| 2022 | 22,325 | 26,094 | −3,769 | 20.5 | — |
| 2023 | 26,463 | 33,262 | −6,799 | 13.6 | — |
| 2024 | 60,219 | 44,270 | 15,949 | 14.5 | — |
In its most recent public year (2024), this organization brought in $15,949 more than it spent. Its reserves stood at about 14.5 months of spending, down from 29.2 in 2021.
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 2024. 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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