Friends Of Southington Community Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 125,629 | 65,468 | 60,161 | 18.6 | — |
| 2021 | 111,158 | 110,759 | 399 | 11.1 | — |
| 2022 | 104,779 | 119,279 | −14,500 | 8.8 | — |
| 2023 | 117,527 | 15,300 | 102,227 | 164.6 | — |
In its most recent public year (2023), this organization brought in $102,227 more than it spent. Its reserves stood at about 164.6 months of spending, up from 18.6 in 2020.
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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