Friends Of The Kardelen Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,261 | 217,492 | −49,231 | 4.7 | — |
| 2012 | 172,302 | 220,714 | −48,412 | 2.0 | — |
| 2013 | 328,838 | 248,414 | 80,424 | 5.7 | 0% |
| 2014 | 226,435 | 272,803 | −46,368 | 3.1 | 0% |
| 2015 | 188,706 | 198,364 | −9,658 | 3.7 | — |
| 2016 | 277,625 | 268,005 | 9,620 | 3.2 | 0% |
| 2017 | 338,243 | 330,614 | 7,629 | 2.8 | 0% |
| 2018 | 212,740 | 237,541 | −24,801 | 2.7 | 0% |
| 2019 | 62,565 | 88,376 | −25,811 | 3.8 | — |
| 2020 | 105,820 | 104,063 | 1,757 | 3.4 | — |
| 2021 | 94,570 | 98,511 | −3,941 | 3.1 | — |
| 2022 | 83,925 | 73,233 | 10,692 | 5.9 | — |
| 2023 | 184,101 | 202,452 | −18,351 | 1.1 | — |
In its most recent public year (2023), this organization spent $18,351 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 4.7 in 2011.
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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