Good Friends Of Georgetown
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 217,495 | 82,623 | 134,872 | 31.9 | 0% |
| 2021 | 106,311 | 73,889 | 32,422 | 41.0 | 0% |
| 2022 | 113,193 | 67,377 | 45,816 | 53.1 | 0% |
| 2023 | 97,809 | 113,256 | −15,447 | 29.9 | 0% |
In its most recent public year (2023), this organization spent $15,447 more than it brought in. Its reserves stood at about 29.9 months of spending, down from 31.9 in 2020. Staff pay was 0% 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
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