Friends For African Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 131,044 | 92,209 | 38,835 | 5.3 | — |
| 2013 | 81,853 | 92,227 | −10,374 | 3.9 | — |
| 2014 | 112,261 | 112,089 | 172 | 3.3 | — |
| 2015 | 58,752 | 58,853 | −101 | 6.2 | — |
| 2016 | 50,342 | 60,067 | −9,725 | 4.1 | — |
| 2017 | 123,486 | 125,033 | −1,547 | 1.8 | — |
| 2018 | 69,613 | 71,579 | −1,966 | 2.9 | — |
| 2019 | 58,225 | 55,057 | 3,168 | 4.4 | — |
| 2020 | 38,512 | 45,445 | −6,933 | 3.5 | — |
| 2021 | 82,964 | 83,704 | −740 | 1.8 | — |
| 2022 | 53,290 | 61,386 | −8,096 | 0.9 | — |
| 2023 | 121,135 | 106,642 | 14,493 | 2.1 | — |
In its most recent public year (2023), this organization brought in $14,493 more than it spent. Its reserves stood at about 2.1 months of spending, down from 5.3 in 2012.
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 For African Development'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