Boxford Friendship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 784,153 | 742,739 | 41,414 | 170.1 | 0% |
| 2013 | 750,778 | 734,102 | 16,676 | 172.7 | 0% |
| 2014 | 1,139,164 | 822,144 | 317,020 | 159.3 | 0% |
| 2015 | 968,061 | 881,182 | 86,879 | 149.2 | 0% |
| 2016 | 1,028,242 | 763,365 | 264,877 | 176.6 | 0% |
| 2017 | 993,026 | 1,073,450 | −80,424 | 124.4 | 0% |
| 2018 | 1,044,786 | 1,072,266 | −27,480 | 124.2 | 0% |
| 2019 | 996,937 | 1,102,459 | −105,522 | 120.2 | 0% |
| 2020 | 1,077,227 | 1,043,022 | 34,205 | -30.0 | 0% |
| 2021 | 1,092,026 | 986,694 | 105,332 | -29.9 | 0% |
| 2022 | 1,168,244 | 1,093,777 | 74,467 | -32.1 | 0% |
| 2023 | 1,275,285 | 1,300,371 | −25,086 | -27.3 | 0% |
In its most recent public year (2023), this organization spent $25,086 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-27.3 months), down from 170.1 in 2012. Staff pay was 0% 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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