Elderfriends A Foundation For Older Adults
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 143,086 | 263,182 | −120,096 | 5.3 | 0% |
| 2012 | 219,606 | 268,947 | −49,341 | 3.0 | 0% |
| 2013 | 186,987 | 168,951 | 18,036 | 6.0 | 0% |
| 2014 | 147,749 | 148,025 | −276 | 6.9 | 0% |
| 2015 | 49,856 | 69,031 | −19,175 | 11.4 | 0% |
| 2017 | 37 | 95 | −58 | 6639.9 | 0% |
| 2018 | 806 | 1,195 | −389 | 524.0 | — |
| 2019 | 936 | 586 | 350 | 1075.6 | — |
| 2020 | 40,606 | 628 | 39,978 | 1767.6 | — |
| 2021 | 222,694 | 16,910 | 205,784 | 211.7 | 0% |
| 2022 | 141,668 | 94,351 | 47,317 | 44.0 | — |
| 2023 | 124,615 | 1,545 | 123,070 | 3640.2 | — |
In its most recent public year (2023), this organization brought in $123,070 more than it spent. Its reserves stood at about 3640.2 months of spending, up from 5.3 in 2011.
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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