Friendships For Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 24,557 | 17,864 | 6,693 | 4.5 | — |
| 2018 | 153,308 | 134,516 | 18,792 | 4.1 | — |
| 2019 | 342,246 | 251,646 | 90,600 | 6.5 | 59% |
| 2020 | 241,397 | 291,303 | −49,906 | 3.4 | 67% |
| 2021 | 1,299,644 | 1,241,269 | 58,375 | 1.4 | 16% |
| 2022 | 1,518,956 | 1,500,008 | 18,948 | 1.5 | 8% |
| 2023 | 1,549,299 | 294,867 | 1,254,432 | 6.5 | 28% |
In its most recent public year (2023), this organization brought in $1,254,432 more than it spent. Its reserves stood at about 6.5 months of spending, up from 4.5 in 2016. Staff pay was 28% 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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