Operating record

Friends Of 40prado

Sn Luis Obisp, CA · EIN 77-0540323 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$542,166$496,417$45,74916.90%
2021$488,183$451,299$36,88419.90%
2022$424,234$345,860$78,37428.00%
2023$428,517$689,927−$261,4109.60%

In its most recent public year (2023), this organization spent $261,410 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 16.9 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 ↗