The Andover Community Fund Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,144 | 10,827 | 16,317 | 553.5 | — |
| 2017 | 64,260 | 14,093 | 50,167 | 684.0 | 0% |
| 2018 | 76,030 | 12,646 | 63,384 | 727.4 | 0% |
| 2019 | 18,467 | 14,391 | 4,076 | 755.1 | 0% |
| 2020 | 190,465 | 22,503 | 167,962 | 496.9 | 0% |
| 2021 | 26,299 | 29,033 | −2,734 | 435.8 | 0% |
| 2022 | 19,249 | 28,863 | −9,614 | 375.9 | 0% |
| 2023 | 13,835 | 27,192 | −13,357 | 434.0 | 0% |
In its most recent public year (2023), this organization spent $13,357 more than it brought in. Its reserves stood at about 434 months of spending, down from 553.5 in 2011. 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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