Friends Of The Master Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 166,955 | 118,663 | 48,292 | 4.8 | 23% |
| 2020 | 132,123 | 122,078 | 10,045 | 5.7 | — |
| 2021 | 123,734 | 131,705 | −7,971 | 5.4 | — |
| 2022 | 178,924 | 218,824 | −39,900 | 1.0 | — |
| 2023 | 124,893 | 115,197 | 9,696 | 3.0 | — |
In its most recent public year (2023), this organization brought in $9,696 more than it spent. Its reserves stood at about 3 months of spending, down from 4.8 in 2019.
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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