Friends Of Rcq Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 286,373 | 227,556 | 58,817 | 7.1 | 0% |
| 2021 | 223,635 | 139,079 | 84,556 | 19.0 | 0% |
| 2022 | 475,251 | 481,877 | −6,626 | 5.3 | 0% |
| 2023 | 428,938 | 527,264 | −98,326 | 2.6 | 0% |
In its most recent public year (2023), this organization spent $98,326 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 7.1 in 2020. Staff pay was 0% 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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