Westford Charitable Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,357 | 13,335 | −6,978 | 60.8 | — |
| 2021 | 1,435 | 2,384 | −949 | 335.2 | — |
| 2022 | 492 | 6,261 | −5,769 | 116.6 | — |
| 2023 | 464 | 14,578 | −14,114 | 38.5 | — |
In its most recent public year (2023), this organization spent $14,114 more than it brought in. Its reserves stood at about 38.5 months of spending, down from 60.8 in 2020.
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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