Friends Of Rwandan Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 119,119 | 114,942 | 4,177 | 0.9 | — |
| 2019 | 361,346 | 360,257 | 1,089 | 0.3 | 0% |
| 2020 | 177,277 | 159,592 | 17,685 | 1.9 | — |
| 2021 | 149,062 | 126,293 | 22,769 | 4.5 | — |
| 2022 | 126,762 | 140,584 | −13,822 | 2.9 | — |
| 2023 | 279,236 | 278,411 | 825 | 1.6 | 0% |
In its most recent public year (2023), this organization brought in $825 more than it spent. Its reserves stood at about 1.6 months of spending. Staff pay was 0% of spending. $12,304 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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