True Friends
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,518,620 | 4,308,992 | 209,628 | 14.6 | 45% |
| 2012 | 10,867,854 | 4,694,778 | 6,173,076 | 29.2 | 47% |
| 2013 | 7,766,012 | 7,785,586 | −19,574 | 18.2 | 40% |
| 2014 | 7,664,145 | 7,947,894 | −283,749 | 17.3 | 44% |
| 2015 | 9,033,909 | 8,184,084 | 849,825 | 17.2 | 46% |
| 2016 | 9,333,602 | 8,465,154 | 868,448 | 15.7 | 47% |
| 2017 | 8,853,087 | 8,849,868 | 3,219 | 15.2 | 45% |
| 2018 | 10,715,387 | 8,591,969 | 2,123,418 | 18.3 | 45% |
| 2019 | 9,153,368 | 8,427,824 | 725,544 | 20.0 | 46% |
| 2020 | 5,336,118 | 4,723,556 | 612,562 | 37.4 | 39% |
| 2021 | 6,519,865 | 5,386,380 | 1,133,485 | 35.9 | 44% |
| 2022 | 6,634,209 | 6,904,860 | −270,651 | 26.8 | 50% |
| 2023 | 13,251,463 | 8,065,304 | 5,186,159 | 30.8 | 51% |
In its most recent public year (2023), this organization brought in $5,186,159 more than it spent. Its reserves stood at about 30.8 months of spending, up from 14.6 in 2011. Staff pay was 51% of spending. $8,324,547 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works