Farmsteads Of New England Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,455,966 | 3,217,169 | 238,797 | 0.8 | 70% |
| 2021 | 4,205,652 | 3,436,654 | 768,998 | 3.5 | 70% |
| 2022 | 3,614,129 | 3,556,643 | 57,486 | 3.5 | 69% |
| 2023 | 4,444,737 | 4,301,488 | 143,249 | 3.3 | 66% |
In its most recent public year (2023), this organization brought in $143,249 more than it spent. Its reserves stood at about 3.3 months of spending, up from 0.8 in 2020. Staff pay was 66% of spending. $586,258 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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