Friends Of Nobska Light Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 948,469 | 1,083,417 | −134,948 | 6.2 | 3% |
| 2021 | 222,948 | 187,710 | 35,238 | 38.1 | 10% |
| 2022 | 396,332 | 544,696 | −148,364 | 9.9 | 8% |
| 2023 | 556,089 | 664,061 | −107,972 | 6.1 | 8% |
In its most recent public year (2023), this organization spent $107,972 more than it brought in. Its reserves stood at about 6.1 months of spending. Staff pay was 8% of spending. $95,500 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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