Friendship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 31,280 | 24,126 | 7,154 | 94.0 | — |
| 2021 | 62,275 | 46,704 | 15,571 | 52.6 | — |
| 2022 | 65,001 | 41,917 | 23,084 | 65.2 | — |
| 2023 | 75,087 | 61,078 | 14,009 | 47.5 | — |
In its most recent public year (2023), this organization brought in $14,009 more than it spent. Its reserves stood at about 47.5 months of spending, down from 94 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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