Friends U Need Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 364,866 | 326,847 | 38,019 | 13.7 | 57% |
| 2021 | 528,459 | 394,821 | 133,638 | 15.4 | 64% |
| 2022 | 880,182 | 670,004 | 210,178 | 12.8 | 41% |
| 2023 | 844,825 | 697,039 | 147,786 | 14.9 | 47% |
In its most recent public year (2023), this organization brought in $147,786 more than it spent. Its reserves stood at about 14.9 months of spending, up from 13.7 in 2020. Staff pay was 47% 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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