Friends Of Connect Buncombe
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 55,082 | 13,905 | 41,177 | 36.4 | — |
| 2015 | 50,885 | 30,469 | 20,416 | 24.7 | — |
| 2016 | 41,324 | 13,659 | 27,665 | 79.3 | — |
| 2017 | 29,943 | 40,108 | −10,165 | 24.0 | — |
| 2018 | 32,808 | 14,585 | 18,223 | 80.9 | — |
| 2019 | 24,407 | 29,748 | −5,341 | 37.5 | — |
In its most recent public year (2019), this organization spent $5,341 more than it brought in. Its reserves stood at about 37.5 months of spending, up from 36.4 in 2014.
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 2019. 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 Of Connect Buncombe's IRS filings as a feed — one entry per filing year, through 2019. 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