Friends Of Riverside Park Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 221,920 | 56,773 | 165,147 | 46.6 | 0% |
| 2023 | 195,970 | 270,000 | −74,030 | 6.5 | 0% |
In its most recent public year (2023), this organization spent $74,030 more than it brought in. Its reserves stood at about 6.5 months of spending, down from 46.6 in 2022. Staff pay was 0% 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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