Friends Of The Ifl Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 162,531 | 156,146 | 6,385 | 0.5 | — |
| 2017 | 221,376 | 191,459 | 29,917 | 2.3 | 0% |
| 2018 | 225,595 | 206,572 | 19,023 | 3.2 | 0% |
| 2019 | 273,658 | 316,627 | −42,969 | 0.5 | 0% |
| 2020 | 179,058 | 224,343 | −45,285 | 1.5 | 0% |
| 2021 | 398,019 | 400,981 | −2,962 | 0.7 | 0% |
In its most recent public year (2021), this organization spent $2,962 more than it brought in. Its reserves stood at about 0.7 months of spending. Staff pay was 0% 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 2021. 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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