Friendship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,303,034 | 1,252,643 | 50,391 | -24.7 | 40% |
| 2013 | 1,182,032 | 1,159,834 | 22,198 | 5.1 | 44% |
| 2014 | 861,160 | 849,370 | 11,790 | 7.1 | 73% |
| 2015 | 328,849 | 332,679 | −3,830 | -79.1 | 67% |
| 2016 | 5,829,823 | 2,193,806 | 3,636,017 | 7.9 | 62% |
| 2017 | 1,989,172 | 1,866,009 | 123,163 | 10.1 | 57% |
| 2018 | 1,767,372 | 1,650,219 | 117,153 | 12.2 | 60% |
| 2019 | 1,403,162 | 1,278,411 | 124,751 | 17.0 | 57% |
| 2020 | 1,384,362 | 1,274,265 | 110,097 | 18.1 | 65% |
| 2021 | 1,386,048 | 1,355,907 | 30,141 | 17.2 | 54% |
| 2022 | 1,148,082 | 131,150 | 1,016,932 | 269.9 | 39% |
| 2023 | 11,960,925 | 5,571,536 | 6,389,389 | 20.1 | 32% |
In its most recent public year (2023), this organization brought in $6,389,389 more than it spent. Its reserves stood at about 20.1 months of spending, up from -24.7 in 2012. Staff pay was 32% 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
Friendship Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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