Friendly Garden Club Of Traverse City
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,165 | 23,773 | 1,392 | 9.1 | — |
| 2020 | 63,785 | 35,852 | 27,933 | 28.7 | — |
In its most recent public year (2020), this organization brought in $27,933 more than it spent. Its reserves stood at about 28.7 months of spending, up from 9.1 in 2011.
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 2020. 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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