Friends Of Academy Of The City Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 564,486 | 115,421 | 449,065 | 47.9 | 22% |
| 2022 | 1,648,144 | 270,529 | 1,377,615 | 76.5 | 67% |
| 2023 | 1,533,048 | 1,518,189 | 14,859 | 13.8 | 12% |
In its most recent public year (2023), this organization brought in $14,859 more than it spent. Its reserves stood at about 13.8 months of spending, down from 47.9 in 2021. Staff pay was 12% 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
Friends Of Academy Of The City Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works