Lasting Friends Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 494,514 | 420,668 | 73,846 | 4.5 | 0% |
| 2021 | 889,601 | 770,865 | 118,736 | 4.3 | 0% |
| 2022 | 8,410 | 68,303 | −59,893 | 37.9 | 0% |
| 2023 | 4,714 | 12,740 | −8,026 | 195.6 | 0% |
In its most recent public year (2023), this organization spent $8,026 more than it brought in. Its reserves stood at about 195.6 months of spending, up from 4.5 in 2020. Staff pay was 0% 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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