Friendship Community Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 512,904 | 493,148 | 19,756 | 18.6 | 50% |
| 2012 | 512,904 | 493,148 | 19,756 | 18.6 | 50% |
| 2013 | 1,053,967 | 746,952 | 307,015 | 21.2 | 41% |
| 2014 | 971,803 | 913,024 | 58,779 | 18.1 | 45% |
| 2015 | 1,301,365 | 1,022,238 | 279,127 | 19.4 | 45% |
| 2016 | 1,047,214 | 1,111,815 | −64,601 | 17.2 | 42% |
| 2017 | 953,954 | 1,040,478 | −86,524 | 17.3 | 45% |
| 2018 | 511,498 | 545,725 | −34,227 | 32.4 | 42% |
| 2019 | 1,004,041 | 1,027,352 | −23,311 | 17.0 | 45% |
| 2020 | 1,025,741 | 1,033,038 | −7,297 | 17.2 | 47% |
| 2021 | 883,348 | 959,853 | −76,505 | 17.6 | 47% |
| 2022 | 1,456,146 | 1,374,687 | 81,459 | 13.0 | 39% |
| 2023 | 724,460 | 896,497 | −172,037 | 17.6 | 48% |
In its most recent public year (2023), this organization spent $172,037 more than it brought in. Its reserves stood at about 17.6 months of spending. Staff pay was 48% of spending. $237,907 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 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 Community Development Corp'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