Friendship Community Living Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 104,440 | 120,069 | −15,629 | -23.1 | 5% |
| 2022 | 102,906 | 127,382 | −24,476 | -24.2 | 5% |
| 2023 | 111,798 | 131,755 | −19,957 | -25.2 | 4% |
In its most recent public year (2023), this organization spent $19,957 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-25.2 months), down from -23.1 in 2021. Staff pay was 4% 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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