Friends Of The Medford Family Network Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,192 | 31,731 | 18,461 | 19.1 | — |
| 2021 | 76,776 | 40,998 | 35,778 | 25.3 | — |
| 2022 | 34,014 | 38,156 | −4,142 | 25.8 | — |
| 2023 | 81,700 | 38,255 | 43,445 | 39.4 | — |
In its most recent public year (2023), this organization brought in $43,445 more than it spent. Its reserves stood at about 39.4 months of spending, up from 19.1 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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