Friendly Connections Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 387,845 | 333,379 | 54,466 | 2.0 | 78% |
| 2020 | 675,597 | 549,508 | 126,089 | 3.9 | 79% |
| 2021 | 674,790 | 704,729 | −29,939 | 0.9 | 57% |
| 2022 | 1,326,616 | 742,939 | 583,677 | 10.3 | 5% |
| 2023 | 1,060,943 | 1,112,900 | −51,957 | 6.2 | 8% |
In its most recent public year (2023), this organization spent $51,957 more than it brought in. Its reserves stood at about 6.2 months of spending, up from 2 in 2019. Staff pay was 8% 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
Friendly Connections 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