Friendship Circle International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 542,364 | 445,323 | 97,041 | 1.0 | 35% |
| 2017 | 1,215,388 | 1,180,641 | 34,747 | 0.7 | 20% |
| 2019 | 1,098,454 | 1,105,482 | −7,028 | -3.9 | 23% |
| 2020 | 572,385 | 834,091 | −261,706 | -9.0 | 20% |
| 2021 | 964,503 | 568,902 | 395,601 | -4.8 | 31% |
| 2022 | 1,072,887 | 1,377,374 | −304,487 | -4.6 | 16% |
In its most recent public year (2022), this organization spent $304,487 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.6 months), down from 1 in 2016. Staff pay was 16% 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 2022. 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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