Friends Of Sequoyah
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 268,791 | 435,810 | −167,019 | 83.6 | 28% |
| 2021 | 303,196 | 456,607 | −153,411 | 75.7 | 28% |
| 2022 | 295,022 | 462,602 | −167,580 | 70.4 | 30% |
| 2023 | 315,037 | 494,107 | −179,070 | 61.6 | 29% |
In its most recent public year (2023), this organization spent $179,070 more than it brought in. Its reserves stood at about 61.6 months of spending, down from 83.6 in 2020. Staff pay was 29% 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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