Friends Of Aroostook
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,819 | 68,193 | −30,374 | 21.3 | — |
| 2021 | 21,387 | 66,347 | −44,960 | 13.8 | — |
| 2022 | 1,089 | 51,197 | −50,108 | 6.1 | — |
| 2023 | 25 | 24,750 | −24,725 | 0.7 | — |
In its most recent public year (2023), this organization spent $24,725 more than it brought in. Its reserves stood at about 0.7 months of spending, down from 21.3 in 2020.
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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