Friends Of Majal Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 90,025 | 85,266 | 4,759 | 0.7 | — |
| 2019 | 42,973 | 45,924 | −2,951 | 0.5 | — |
| 2020 | 85,896 | 27,453 | 58,443 | 26.3 | — |
| 2021 | 226,800 | 75,260 | 151,540 | 33.8 | 0% |
| 2022 | 1,006,211 | 154,929 | 851,282 | 82.3 | 0% |
| 2023 | 988,826 | 483,836 | 504,990 | 38.9 | 39% |
In its most recent public year (2023), this organization brought in $504,990 more than it spent. Its reserves stood at about 38.9 months of spending, up from 0.7 in 2018. Staff pay was 39% of spending. $815,269 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
Friends Of Majal 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