Friends Of Folsom
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 68,540 | 64,432 | 4,108 | 2.8 | — |
| 2019 | 229,980 | 228,774 | 1,206 | 0.8 | 0% |
| 2020 | 112,344 | 91,281 | 21,063 | 4.9 | — |
| 2021 | 254,502 | 271,614 | −17,112 | 0.9 | 0% |
| 2022 | 193,834 | 202,456 | −8,622 | 0.7 | 0% |
| 2023 | 62,175 | 47,310 | 14,865 | 8.3 | — |
In its most recent public year (2023), this organization brought in $14,865 more than it spent. Its reserves stood at about 8.3 months of spending, up from 2.8 in 2018.
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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