Friends Of Fred Smith Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,841 | 38,536 | 15,305 | 47.6 | — |
| 2012 | 73,144 | 49,305 | 23,839 | 43.0 | — |
| 2013 | 67,334 | 61,772 | 5,562 | 35.4 | — |
| 2014 | 100,842 | 64,500 | 36,342 | 40.7 | — |
| 2015 | 97,219 | 74,464 | 22,755 | 38.9 | — |
| 2016 | 86,536 | 67,937 | 18,599 | 38.0 | — |
| 2017 | 103,201 | 82,331 | 20,870 | 32.6 | — |
| 2018 | 87,257 | 88,696 | −1,439 | 31.7 | — |
| 2019 | 112,279 | 103,386 | 8,893 | 39.6 | — |
| 2020 | 123,626 | 118,573 | 5,053 | 35.1 | — |
| 2021 | 172,192 | 183,317 | −11,125 | 21.9 | — |
| 2022 | 201,118 | 73,406 | 127,712 | 75.7 | 24% |
| 2023 | 144,231 | 99,214 | 45,017 | 61.4 | 30% |
In its most recent public year (2023), this organization brought in $45,017 more than it spent. Its reserves stood at about 61.4 months of spending, up from 47.6 in 2011. Staff pay was 30% 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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