Friends Of Hockessin Colored School 107 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3 | 8,945 | −8,942 | 1.5 | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2022 | 926,666 | 18,019 | 908,647 | 641.6 | 0% |
| 2023 | 678,276 | 118,819 | 559,457 | 153.8 | 0% |
In its most recent public year (2023), this organization brought in $559,457 more than it spent. Its reserves stood at about 153.8 months of spending, up from 1.5 in 2017. 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 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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