The Friendship Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 25,947 | 11,228 | 14,719 | 19.2 | — |
| 2018 | 69,131 | 38,178 | 30,953 | 15.4 | — |
| 2019 | 40,919 | 37,429 | 3,490 | 16.8 | — |
| 2020 | 34,461 | 25,636 | 8,825 | 28.7 | — |
| 2021 | 42,627 | 42,620 | 7 | 17.3 | — |
| 2022 | 116,749 | 68,216 | 48,533 | 19.3 | — |
| 2023 | 78,795 | 105,421 | −26,626 | 9.5 | — |
In its most recent public year (2023), this organization spent $26,626 more than it brought in. Its reserves stood at about 9.5 months of spending, down from 19.2 in 2017.
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
The Friendship Initiative Inc's IRS filings as a feed — one entry per filing year, through 2023. 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