Friends Of Rhode Island Avenue Ne
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 218,089 | 198,042 | 20,047 | 1.5 | 24% |
| 2015 | 314,119 | 378,698 | −64,579 | 1.6 | 17% |
| 2016 | 531,159 | 532,006 | −847 | 0.6 | 14% |
| 2017 | 529,422 | 551,254 | −21,832 | 0.1 | 14% |
| 2018 | 576,122 | 594,440 | −18,318 | 0.7 | 15% |
| 2019 | 853,055 | 794,713 | 58,342 | 1.3 | 11% |
| 2020 | 917,571 | 892,322 | 25,249 | 1.5 | 20% |
| 2021 | 863,293 | 848,212 | 15,081 | 1.8 | 24% |
| 2022 | 671,740 | 660,740 | 11,000 | 2.5 | 25% |
| 2023 | 704,909 | 691,457 | 13,452 | 2.6 | 21% |
In its most recent public year (2023), this organization brought in $13,452 more than it spent. Its reserves stood at about 2.6 months of spending, up from 1.5 in 2014. Staff pay was 21% 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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