Friends Of Global Market Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 961,963 | 477,379 | 484,584 | 12.5 | 0% |
| 2021 | 571,802 | 799,407 | −227,605 | 3.0 | 6% |
| 2022 | 649,074 | 644,396 | 4,678 | 3.8 | 12% |
| 2023 | 269,674 | 592,377 | −322,703 | 0.2 | 19% |
In its most recent public year (2023), this organization spent $322,703 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 12.5 in 2020. Staff pay was 19% 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
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