Friends Of Portland Adult Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 279,363 | 138,325 | 141,038 | 31.6 | 0% |
| 2021 | 328,136 | 246,217 | 81,919 | 22.0 | 0% |
| 2022 | 304,602 | 287,827 | 16,775 | 19.2 | 0% |
| 2023 | 224,452 | 189,132 | 35,320 | 31.6 | 0% |
In its most recent public year (2023), this organization brought in $35,320 more than it spent. Its reserves stood at about 31.6 months of spending. Staff pay was 0% of spending. $230,346 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
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