Friendship Ark Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,115,040 | 1,033,741 | 81,299 | 11.6 | 72% |
| 2013 | 1,376,618 | 1,045,576 | 331,042 | 15.3 | 73% |
| 2014 | 1,357,355 | 1,280,251 | 77,104 | 13.2 | 73% |
| 2015 | 1,608,982 | 1,542,707 | 66,275 | 11.5 | 74% |
| 2016 | 1,955,420 | 1,862,290 | 93,130 | 10.1 | 74% |
| 2017 | 2,434,658 | 2,136,257 | 298,401 | 10.5 | 74% |
| 2018 | 2,615,034 | 2,507,989 | 107,045 | 9.5 | 74% |
| 2019 | 2,984,587 | 2,838,106 | 146,481 | 9.0 | 75% |
| 2020 | 3,605,015 | 3,094,852 | 510,163 | 10.2 | 75% |
| 2021 | 4,156,879 | 3,584,064 | 572,815 | 10.9 | 77% |
| 2022 | 4,284,918 | 3,949,424 | 335,494 | 10.8 | 76% |
| 2023 | 5,640,018 | 4,608,575 | 1,031,443 | 12.0 | 71% |
In its most recent public year (2023), this organization brought in $1,031,443 more than it spent. Its reserves stood at about 12 months of spending. Staff pay was 71% of spending. $504,065 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 Ark 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