Friends Of Canby Adult Center Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,075,269 | 791,554 | 283,715 | 111.2 | 52% |
| 2021 | 1,416,256 | 764,451 | 651,805 | 136.2 | 51% |
| 2022 | 1,301,764 | 804,480 | 497,284 | 110.5 | 53% |
| 2023 | 566,404 | 909,956 | −343,552 | 101.7 | 54% |
In its most recent public year (2023), this organization spent $343,552 more than it brought in. Its reserves stood at about 101.7 months of spending, down from 111.2 in 2020. Staff pay was 54% of spending. $50,550 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
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