Operating record

Friendly Acres Community Assoc Inc

Frederick, MD · EIN 52-1678024 · files the short form (990-EZ), so reduced detail · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$37,747$75,074−$37,3277.6
2021$39,807$40,571−$76413.8
2022$35,018$35,112−$9414.2
2023$41,333$33,564$7,76915.7

In its most recent public year (2023), this organization brought in $7,769 more than it spent. Its reserves stood at about 15.7 months of spending, up from 7.6 in 2020.

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 ↗