Family Promise Metrowest Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,409,694 | 946,261 | 463,433 | 28.9 | 53% |
| 2021 | 1,605,700 | 1,024,764 | 580,936 | 33.5 | 55% |
| 2022 | 1,112,036 | 1,152,127 | −40,091 | 29.3 | 58% |
| 2023 | 1,336,603 | 1,342,039 | −5,436 | 25.1 | 51% |
In its most recent public year (2023), this organization spent $5,436 more than it brought in. Its reserves stood at about 25.1 months of spending, down from 28.9 in 2020. Staff pay was 51% of spending. $54,801 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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