Friends Of The Summit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 60,269 | 51,529 | 8,740 | 8.0 | — |
| 2013 | 121,159 | 85,211 | 35,948 | 9.9 | — |
| 2014 | 177,367 | 110,169 | 67,198 | 15.0 | — |
| 2015 | 104,959 | 86,510 | 18,449 | 21.6 | — |
| 2016 | 132,369 | 138,055 | −5,686 | 13.1 | — |
| 2017 | 178,950 | 101,398 | 77,552 | 26.9 | — |
| 2018 | 176,693 | 146,712 | 29,981 | 21.1 | — |
| 2019 | 312,813 | 123,490 | 189,323 | 43.4 | 0% |
| 2020 | 213,057 | 174,128 | 38,929 | 33.5 | 0% |
| 2021 | 144,912 | 165,687 | −20,775 | 33.7 | 0% |
| 2022 | 140,958 | 162,061 | −21,103 | 35.5 | 24% |
| 2023 | 141,578 | 150,757 | −9,179 | 38.9 | 24% |
| 2024 | 109,354 | 161,199 | −51,845 | 34.5 | 0% |
In its most recent public year (2024), this organization spent $51,845 more than it brought in. Its reserves stood at about 34.5 months of spending, up from 8 in 2012. 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 2024. 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 Of The Summit's IRS filings as a feed — one entry per filing year, through 2024. 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