Friends Of Florence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 777,204 | 660,456 | 116,748 | 32.3 | 2% |
| 2012 | 814,582 | 617,951 | 196,631 | 38.3 | 2% |
| 2013 | 590,058 | 557,876 | 32,182 | 43.1 | 2% |
| 2014 | 1,217,457 | 780,976 | 436,481 | 37.5 | 2% |
| 2015 | 484,320 | 917,035 | −432,715 | 26.3 | 1% |
| 2016 | 908,232 | 948,720 | −40,488 | 24.9 | 0% |
| 2017 | 940,462 | 792,880 | 147,582 | 32.0 | 0% |
| 2018 | 1,977,402 | 965,614 | 1,011,788 | 38.9 | 0% |
| 2019 | 1,516,643 | 876,840 | 639,803 | 51.6 | 0% |
| 2020 | 1,747,863 | 983,113 | 764,750 | 55.3 | 0% |
| 2021 | 2,334,864 | 1,094,930 | 1,239,934 | 63.3 | 0% |
| 2022 | 841,592 | 1,873,669 | −1,032,077 | 30.4 | 0% |
| 2023 | 1,076,392 | 1,245,221 | −168,829 | 44.1 | 0% |
In its most recent public year (2023), this organization spent $168,829 more than it brought in. Its reserves stood at about 44.1 months of spending, up from 32.3 in 2011. Staff pay was 0% of spending. $3,190,245 of its net assets are donor-restricted.
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
Friends Of Florence'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