Family Resource Exchange
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 71,497 | 76,115 | −4,618 | 20.0 | — |
| 2022 | 66,605 | 46,541 | 20,064 | 39.7 | — |
| 2023 | 68,854 | 45,955 | 22,899 | 46.2 | — |
In its most recent public year (2023), this organization brought in $22,899 more than it spent. Its reserves stood at about 46.2 months of spending, up from 20 in 2021.
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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