Friends Of Forman Christian College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,333,590 | 1,327,669 | 5,921 | 1.4 | 6% |
| 2012 | 1,300,899 | 1,217,437 | 83,462 | 2.3 | 8% |
| 2013 | 1,303,873 | 1,338,850 | −34,977 | 1.8 | 16% |
| 2014 | 1,897,208 | 1,677,622 | 219,586 | 3.0 | 14% |
| 2015 | 2,269,601 | 1,799,623 | 469,978 | 6.0 | 19% |
| 2016 | 1,616,126 | 1,496,226 | 119,900 | 8.1 | 8% |
| 2017 | 3,070,788 | 3,149,544 | −78,756 | 3.6 | 11% |
| 2018 | 4,766,300 | 1,730,875 | 3,035,425 | 27.6 | 24% |
| 2019 | 6,596,084 | 1,690,274 | 4,905,810 | 63.3 | 26% |
| 2020 | 2,164,206 | 4,129,114 | −1,964,908 | 20.3 | 11% |
| 2021 | 3,328,041 | 6,629,269 | −3,301,228 | 6.9 | 9% |
| 2022 | 2,500,363 | 2,457,823 | 42,540 | 18.2 | 24% |
| 2023 | 1,943,216 | 2,751,297 | −808,081 | 13.1 | 25% |
| 2024 | 2,499,240 | 2,761,584 | −262,344 | 12.5 | 23% |
In its most recent public year (2024), this organization spent $262,344 more than it brought in. Its reserves stood at about 12.5 months of spending, up from 1.4 in 2011. Staff pay was 23% of spending. $1,497,197 of its net assets are donor-restricted.
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
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