Friends Of The Bing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 102,996 | 92,721 | 10,275 | 1.8 | — |
| 2015 | 188,431 | 132,269 | 56,162 | 6.4 | — |
| 2016 | 231,475 | 256,306 | −24,831 | 2.1 | 37% |
| 2017 | 180,890 | 219,168 | −38,278 | 0.4 | — |
| 2018 | 215,529 | 205,325 | 10,204 | 1.0 | 33% |
| 2019 | 142,353 | 144,229 | −1,876 | 1.3 | — |
| 2020 | 109,751 | 129,838 | −20,087 | -0.4 | — |
| 2021 | 97,182 | 29,003 | 68,179 | 27.5 | — |
| 2022 | 408,713 | 313,929 | 94,784 | 6.2 | 44% |
| 2023 | 566,919 | 429,267 | 137,652 | 8.3 | 45% |
In its most recent public year (2023), this organization brought in $137,652 more than it spent. Its reserves stood at about 8.3 months of spending, up from 1.8 in 2014. Staff pay was 45% 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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