everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Friends For Life Corporation

Memphis, TN / EIN 62-1511959 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20113,982,1033,731,383250,7209.333%
20122,898,9362,917,600−18,66411.841%
20132,871,1222,669,010202,11213.842%
20142,820,2302,993,332−173,10211.636%
20153,586,6403,714,584−127,9449.038%
20164,245,6834,320,441−74,7587.535%
20174,807,6555,159,598−351,9435.334%
20185,307,1845,462,096−154,9124.736%
20195,832,3455,875,029−42,6844.334%
20206,818,1936,228,275589,9185.236%
20217,255,6946,640,201615,4936.039%
20228,061,2237,648,268412,9555.840%
20237,585,3557,891,906−306,5515.242%

In its most recent public year (2023), this organization spent $306,551 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 9.3 in 2011. Staff pay was 42% of spending. $138,026 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

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