Friends Of Faith Retirement Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,636,696 | 14,305,627 | −668,931 | 0.6 | 35% |
| 2013 | 16,982,638 | 14,007,248 | 2,975,390 | 3.2 | 36% |
| 2014 | 16,541,083 | 16,250,815 | 290,268 | 2.9 | 36% |
| 2015 | 16,458,686 | 18,485,489 | −2,026,803 | 1.2 | 35% |
| 2016 | 16,591,465 | 17,274,830 | −683,365 | 0.8 | 39% |
| 2017 | 17,172,320 | 17,327,334 | −155,014 | 0.7 | 40% |
| 2018 | 17,854,774 | 17,109,300 | 745,474 | 1.1 | 42% |
| 2019 | 20,029,034 | 17,917,290 | 2,111,744 | 2.4 | 43% |
| 2020 | 20,614,806 | 26,839,502 | −6,224,696 | -0.9 | 33% |
| 2021 | 24,765,907 | 18,470,387 | 6,295,520 | 2.8 | 48% |
| 2023 | 30,283,903 | 29,928,108 | 355,795 | 0.7 | 35% |
| 2024 | 26,167,260 | 28,508,222 | −2,340,962 | -0.2 | 37% |
In its most recent public year (2024), this organization spent $2,340,962 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months). Staff pay was 37% 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 2024. 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
Friends Of Faith Retirement Homes Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works