Friends Of Prospect Park
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 106,205 | 27,565 | 78,640 | 391.7 | 0% |
| 2012 | 28,254 | 12,083 | 16,171 | 995.1 | 0% |
| 2013 | 131,482 | 53,869 | 77,613 | 262.0 | 0% |
| 2014 | 110,421 | 42,328 | 68,093 | 343.9 | 0% |
| 2015 | 164,539 | 14,449 | 150,090 | 1019.3 | 0% |
| 2016 | 22,428 | 26,360 | −3,932 | 589.3 | 0% |
| 2017 | 124,160 | 19,661 | 104,499 | 955.1 | 0% |
| 2018 | 174,153 | 16,148 | 158,005 | 1094.6 | 0% |
| 2019 | 205,963 | 59,911 | 146,052 | 351.1 | 0% |
| 2020 | 177,902 | 19,954 | 157,948 | 1290.0 | 0% |
| 2021 | 474,239 | 55,295 | 418,944 | 524.3 | 0% |
| 2022 | −109,054 | 14,406 | −123,460 | 1740.1 | 0% |
| 2023 | 144,597 | 406,494 | −261,897 | 56.7 | 0% |
In its most recent public year (2023), this organization spent $261,897 more than it brought in. Its reserves stood at about 56.7 months of spending, down from 391.7 in 2011. Staff pay was 0% of spending. $1,431,861 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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