Friends Of Beacon
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 83,394 | 1,394,606 | −1,311,212 | -11.3 | 0% |
| 2018 | 1,300,421 | 1,194,702 | 105,719 | -12.1 | 0% |
| 2019 | 1,069,647 | 1,240,029 | −170,382 | -13.3 | 0% |
| 2020 | 1,240,860 | 1,372,314 | −131,454 | -13.2 | 0% |
| 2021 | 1,116,476 | 1,257,677 | −141,201 | -15.7 | 0% |
| 2022 | 1,126,256 | 1,215,803 | −89,547 | -17.2 | 0% |
| 2023 | 1,181,373 | 1,290,363 | −108,990 | -17.2 | 0% |
In its most recent public year (2023), this organization spent $108,990 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.2 months). Staff pay was 0% 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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