Friends Of Palm Beach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 103,527 | 72,005 | 31,522 | 9.9 | 60% |
| 2018 | 68,056 | 85,549 | −17,493 | 5.8 | 71% |
| 2019 | 243,254 | 119,273 | 123,981 | 19.4 | 30% |
| 2020 | 175,633 | 139,109 | 36,524 | 19.7 | 56% |
| 2021 | 132,149 | 177,122 | −44,973 | 12.5 | 57% |
| 2022 | 200,633 | 237,734 | −37,101 | 7.4 | 42% |
| 2023 | 120,730 | 187,339 | −66,609 | 5.1 | 38% |
In its most recent public year (2023), this organization spent $66,609 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 9.9 in 2017. Staff pay was 38% 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
Friends Of Palm Beach Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works