Memphis Friendship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 36,133 | 15,150 | 20,983 | 102.8 | — |
| 2016 | 4,140 | 13,583 | −9,443 | 106.3 | — |
| 2017 | 19,790 | 8,289 | 11,501 | 190.9 | — |
| 2018 | 21,975 | 45,147 | −23,172 | 28.9 | — |
| 2019 | 145,868 | 58,531 | 87,337 | 40.2 | — |
| 2020 | 27,768 | 45,856 | −18,088 | 46.6 | — |
| 2021 | 466 | 39,936 | −39,470 | 41.6 | — |
| 2022 | 22,745 | 41,890 | −19,145 | 34.2 | — |
In its most recent public year (2022), this organization spent $19,145 more than it brought in. Its reserves stood at about 34.2 months of spending, down from 102.8 in 2015.
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 2022. 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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