Friends Of Faye
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,471 | 55,550 | 7,921 | 1.8 | — |
| 2021 | 309,992 | 296,545 | 13,447 | 0.9 | 0% |
| 2022 | 189,373 | 208,503 | −19,130 | 0.2 | — |
| 2023 | 158,358 | 159,778 | −1,420 | 0.1 | — |
In its most recent public year (2023), this organization spent $1,420 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 1.8 in 2020.
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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