Friends Of Agape Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 315,485 | 289,546 | 25,939 | 1.1 | 0% |
| 2015 | 912,025 | 899,903 | 12,122 | 0.5 | 0% |
| 2016 | 1,333,496 | 1,069,425 | 264,071 | 3.4 | 0% |
| 2017 | 1,486,405 | 1,517,349 | −30,944 | 2.1 | 0% |
| 2018 | 1,917,106 | 1,907,004 | 10,102 | 1.8 | 0% |
| 2019 | 2,367,356 | 1,983,955 | 383,401 | 4.0 | 0% |
| 2020 | 3,479,401 | 2,945,373 | 534,028 | 4.9 | 0% |
| 2021 | 4,621,493 | 3,548,651 | 1,072,842 | 7.7 | 0% |
| 2022 | 6,519,615 | 4,628,849 | 1,890,766 | 10.8 | 0% |
| 2023 | 9,731,898 | 7,378,049 | 2,353,849 | 10.6 | 0% |
| 2024 | 8,493,848 | 8,758,874 | −265,026 | 8.6 | 0% |
In its most recent public year (2024), this organization spent $265,026 more than it brought in. Its reserves stood at about 8.6 months of spending, up from 1.1 in 2014. Staff pay was 0% of spending. $5,368,186 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 2024. 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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