Friends Of Glenwood Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 53,810 | 23,829 | 29,981 | 15.1 | — |
| 2019 | 186,600 | 188,005 | −1,405 | -10.2 | — |
| 2020 | 37,555 | 31,710 | 5,845 | 2.2 | — |
| 2021 | 8,535 | 5,493 | 3,042 | 81.8 | — |
| 2022 | 42,479 | 17,845 | 24,634 | 41.8 | — |
| 2023 | 22,500 | 18,550 | 3,950 | 42.7 | — |
In its most recent public year (2023), this organization brought in $3,950 more than it spent. Its reserves stood at about 42.7 months of spending, up from 15.1 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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