Andover Educational Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,751 | 54,972 | 24,779 | 76.3 | — |
| 2012 | 15,880 | 51,770 | −35,890 | 73.4 | — |
| 2013 | 58,567 | 30,750 | 27,817 | 134.5 | — |
| 2014 | 65,991 | 28,183 | 37,808 | 162.8 | — |
| 2015 | 17,593 | 33,589 | −15,996 | 130.9 | — |
| 2016 | 6,389 | 31,046 | −24,657 | 132.1 | — |
| 2017 | 60,788 | 37,967 | 22,821 | 115.2 | — |
| 2018 | 39,378 | 30,223 | 9,155 | 148.4 | — |
| 2019 | 30,748 | 25,692 | 5,056 | 176.9 | — |
| 2020 | 33,134 | 32,874 | 260 | 138.4 | — |
| 2021 | 76,486 | 12,704 | 63,782 | 418.3 | — |
| 2022 | 58,008 | 32,903 | 25,105 | 150.7 | — |
| 2024 | 74,655 | 29,599 | 45,056 | 199.6 | — |
In its most recent public year (2024), this organization brought in $45,056 more than it spent. Its reserves stood at about 199.6 months of spending, up from 76.3 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 2024. 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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