Friends Of The Cohasset Council On Aging
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 12,603 | 8,543 | 4,060 | 37.6 | — |
| 2019 | 6,854 | 7,001 | −147 | 45.7 | — |
| 2020 | 2,453 | 1,981 | 472 | 164.2 | — |
| 2021 | 3,040 | 1,449 | 1,591 | 237.7 | — |
| 2022 | 6,598 | 6,292 | 306 | 55.3 | — |
| 2023 | 5,476 | 6,395 | −919 | 52.7 | — |
In its most recent public year (2023), this organization spent $919 more than it brought in. Its reserves stood at about 52.7 months of spending, up from 37.6 in 2018.
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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