Faculty Association Of Suffolk Community College Benefit Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,487,228 | 1,487,563 | −335 | 12.1 | 6% |
| 2012 | 1,505,790 | 1,461,084 | 44,706 | 12.7 | 6% |
| 2013 | 1,491,257 | 1,457,349 | 33,908 | 12.6 | 6% |
| 2014 | 1,531,866 | 1,524,678 | 7,188 | 12.4 | 6% |
| 2015 | 1,550,163 | 1,425,696 | 124,467 | 14.3 | 7% |
| 2016 | 1,595,210 | 1,591,753 | 3,457 | 13.1 | 6% |
| 2017 | 1,615,966 | 1,624,998 | −9,032 | 12.8 | 6% |
| 2018 | 1,680,469 | 1,720,225 | −39,756 | 11.9 | 6% |
| 2019 | 1,746,842 | 1,695,299 | 51,543 | 12.6 | 6% |
| 2020 | 1,782,571 | 1,495,315 | 287,256 | 16.8 | 7% |
| 2021 | 1,733,068 | 1,552,636 | 180,432 | 18.2 | 7% |
| 2022 | 1,741,265 | 1,575,462 | 165,803 | 17.3 | 7% |
| 2023 | 1,763,964 | 1,645,960 | 118,004 | 17.6 | 6% |
In its most recent public year (2023), this organization brought in $118,004 more than it spent. Its reserves stood at about 17.6 months of spending, up from 12.1 in 2011. Staff pay was 6% of spending.
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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