Friends Apartment Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 144,848 | 147,713 | −2,865 | 103.0 | 7% |
| 2020 | 144,418 | 134,215 | 10,203 | 115.6 | 8% |
| 2021 | 152,986 | 158,866 | −5,880 | 95.7 | 7% |
| 2022 | 147,279 | 143,421 | 3,858 | 117.7 | 8% |
| 2023 | 206,615 | 171,050 | 35,565 | 101.2 | 6% |
In its most recent public year (2023), this organization brought in $35,565 more than it spent. Its reserves stood at about 101.2 months of spending, down from 103 in 2019. Staff pay was 6% 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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