International Friendship Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 378,069 | 267,921 | 110,148 | 12.0 | 59% |
| 2021 | 676,344 | 160,569 | 515,775 | 69.6 | 44% |
| 2022 | 323,174 | 447,626 | −124,452 | 21.6 | 40% |
In its most recent public year (2022), this organization spent $124,452 more than it brought in. Its reserves stood at about 21.6 months of spending, up from 12 in 2020. Staff pay was 40% of spending. $10,385 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 2022. 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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