Friends Of Flint Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 178,119 | 161,058 | 17,061 | 3.6 | 0% |
| 2022 | 175,921 | 200,813 | −24,892 | 1.4 | 0% |
| 2023 | 148 | 31,710 | −31,562 | -3.3 | — |
In its most recent public year (2023), this organization spent $31,562 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.3 months), down from 3.6 in 2021.
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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