Friends With Benefit Charity Events Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 89,085 | 41,123 | 47,962 | 14.0 | 0% |
| 2019 | 303,164 | 146,951 | 156,213 | 16.7 | 0% |
| 2020 | 76,092 | 275,745 | −199,653 | 0.2 | 32% |
| 2021 | 347,388 | 351,903 | −4,515 | 0.0 | 13% |
| 2022 | 256,509 | 226,241 | 30,268 | 1.6 | 44% |
| 2023 | 200,731 | 260,044 | −59,313 | -1.3 | 17% |
In its most recent public year (2023), this organization spent $59,313 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.3 months), down from 14 in 2018. Staff pay was 17% 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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