First Friends Daycare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,459,833 | 1,226,343 | 233,490 | 7.6 | 71% |
| 2022 | 1,717,111 | 1,554,278 | 162,833 | 7.0 | 65% |
| 2023 | 1,746,993 | 1,664,257 | 82,736 | 7.2 | 70% |
In its most recent public year (2023), this organization brought in $82,736 more than it spent. Its reserves stood at about 7.2 months of spending. Staff pay was 70% 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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