Friends Of The Colorado River Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 486,960 | 550,658 | −63,698 | 3.6 | 59% |
| 2021 | 560,619 | 409,665 | 150,954 | 9.1 | 65% |
| 2022 | 653,928 | 491,519 | 162,409 | 12.2 | 56% |
| 2023 | 562,771 | 563,091 | −320 | 10.7 | 54% |
In its most recent public year (2023), this organization spent $320 more than it brought in. Its reserves stood at about 10.7 months of spending, up from 3.6 in 2020. Staff pay was 54% of spending. $6,148 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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