Friendship Industries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,122,975 | 4,728,491 | 394,484 | 9.3 | 28% |
| 2012 | 6,484,387 | 5,925,411 | 558,976 | 8.4 | 34% |
| 2013 | 4,807,745 | 4,640,773 | 166,972 | 11.3 | 41% |
| 2014 | 4,887,195 | 4,547,925 | 339,270 | 12.9 | 40% |
| 2015 | 4,369,352 | 4,354,504 | 14,848 | 13.1 | 46% |
| 2016 | 5,222,970 | 5,063,986 | 158,984 | 11.5 | 42% |
| 2017 | 4,624,705 | 4,754,601 | −129,896 | 12.3 | 41% |
| 2018 | 4,284,748 | 4,323,888 | −39,140 | 13.5 | 44% |
| 2019 | 4,559,429 | 4,479,294 | 80,135 | 13.4 | 41% |
| 2020 | 4,722,036 | 4,363,894 | 358,142 | 14.7 | 41% |
| 2021 | 4,286,257 | 4,013,013 | 273,244 | 17.8 | 37% |
| 2022 | 4,267,419 | 3,934,010 | 333,409 | 17.5 | 38% |
| 2023 | 3,951,019 | 3,815,851 | 135,168 | 18.7 | 37% |
| 2024 | 4,293,878 | 4,336,336 | −42,458 | 16.8 | 39% |
In its most recent public year (2024), this organization spent $42,458 more than it brought in. Its reserves stood at about 16.8 months of spending, up from 9.3 in 2011. Staff pay was 39% of spending. $15,000 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
Friendship Industries 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