Friends 4michael Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 119,464 | 178,705 | −59,241 | 1.9 | — |
| 2012 | 136,348 | 125,200 | 11,148 | 3.8 | — |
| 2013 | 184,331 | 108,981 | 75,350 | 12.7 | 0% |
| 2014 | 193,917 | 133,532 | 60,385 | 15.8 | 0% |
| 2015 | 314,212 | 211,289 | 102,923 | 15.8 | 0% |
| 2016 | 221,337 | 234,166 | −12,829 | 13.6 | 0% |
| 2017 | 216,148 | 251,291 | −35,143 | 11.0 | 0% |
| 2018 | 165,186 | 253,645 | −88,459 | 6.7 | 0% |
| 2019 | 126,439 | 224,272 | −97,833 | 2.4 | — |
| 2020 | 32,191 | 35,741 | −3,550 | 13.6 | — |
| 2021 | 34,235 | 42,849 | −8,614 | 9.0 | — |
In its most recent public year (2021), this organization spent $8,614 more than it brought in. Its reserves stood at about 9 months of spending, up from 1.9 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 2021. 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
Friends 4michael Foundation Inc's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works