Faithful Friends Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 114,301 | 1,328 | 112,973 | 1020.8 | — |
| 2022 | 75,400 | 66,465 | 8,935 | 22.0 | — |
| 2023 | 101,517 | 26,525 | 74,992 | 89.1 | — |
In its most recent public year (2023), this organization brought in $74,992 more than it spent. Its reserves stood at about 89.1 months of spending, down from 1020.8 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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