Friendship Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 161,652 | 129,842 | 31,810 | 5.6 | — |
| 2022 | 257,370 | 238,430 | 18,940 | 4.1 | 57% |
| 2023 | 353,365 | 358,369 | −5,004 | 3.7 | 70% |
In its most recent public year (2023), this organization spent $5,004 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 5.6 in 2021. Staff pay was 70% of spending. $29,616 of its net assets are donor-restricted.
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
Friendship Community Center 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