Friends Of Utec And Tecsup Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,000 | 63,730 | −13,730 | 0.9 | — |
| 2021 | 1,050,000 | 59,160 | 990,840 | 201.9 | 0% |
| 2022 | 0 | 11,570 | −11,570 | 1020.5 | 0% |
| 2023 | 0 | 959,614 | −959,614 | 0.3 | 0% |
In its most recent public year (2023), this organization spent $959,614 more than it brought in. Its reserves stood at about 0.3 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 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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