Friendship Apartment Village Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,431,286 | 4,843,096 | 588,190 | 35.7 | 14% |
| 2022 | 5,384,949 | 4,931,738 | 453,211 | 30.5 | 14% |
| 2023 | 6,024,781 | 5,132,268 | 892,513 | 29.7 | 14% |
In its most recent public year (2023), this organization brought in $892,513 more than it spent. Its reserves stood at about 29.7 months of spending, down from 35.7 in 2021. Staff pay was 14% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works