Friends Development Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 6,139 | 47,977 | −41,838 | -5.3 | 19% |
| 2013 | 155 | 40,258 | −40,103 | -18.2 | 26% |
| 2014 | 4,708 | 69,964 | −65,256 | -21.7 | 3% |
| 2015 | 138,547 | 189,358 | −50,811 | -11.2 | 17% |
| 2016 | 334,266 | 237,804 | 96,462 | -4.1 | 14% |
| 2017 | 317,975 | 429,557 | −111,582 | -5.7 | 8% |
| 2018 | 454,254 | 421,400 | 32,854 | -4.8 | 4% |
| 2019 | 376,649 | 431,088 | −54,439 | -6.2 | 2% |
| 2020 | 275,149 | 467,832 | −192,683 | -17.4 | 2% |
| 2021 | 1,117,588 | 430,336 | 687,252 | 0.2 | 1% |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 0 | 0 | 0 | — | — |
In its most recent public year (2023), this organization brought in $0 more than it spent.
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
Friends Development Company's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works