International Friendship Summits Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 46,684 | 42,848 | 3,836 | 1.8 | — |
| 2021 | 62,732 | 56,980 | 5,752 | 2.6 | — |
| 2022 | 87,533 | 81,374 | 6,159 | 2.7 | — |
| 2023 | 85,419 | 95,332 | −9,913 | 1.1 | — |
In its most recent public year (2023), this organization spent $9,913 more than it brought in. Its reserves stood at about 1.1 months 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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