Friends Of Ontario Arc Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 216,668 | 195,706 | 20,962 | 49.6 | 70% |
| 2021 | 230,358 | 197,045 | 33,313 | 52.7 | 70% |
| 2022 | 218,950 | 237,767 | −18,817 | 39.3 | 69% |
| 2023 | 271,032 | 234,508 | 36,524 | 43.1 | 69% |
In its most recent public year (2023), this organization brought in $36,524 more than it spent. Its reserves stood at about 43.1 months of spending, down from 49.6 in 2020. Staff pay was 69% of spending. $71,255 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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