Friends Of@Discovery Health Sciences Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,327,219 | 4,457,315 | 869,904 | 0.2 | 0% |
| 2022 | 4,102,165 | 4,671,859 | −569,694 | -1.3 | 0% |
| 2023 | 4,169,209 | 4,318,504 | −149,295 | -1.8 | 0% |
In its most recent public year (2023), this organization spent $149,295 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.8 months), down from 0.2 in 2021. Staff pay was 0% of spending. $385,476 of its net assets are donor-restricted.
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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