Medway Foundation For Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 22,573 | 13,341 | 9,232 | 62.7 | — |
| 2013 | 19,401 | 12,632 | 6,769 | 72.6 | — |
| 2014 | 29,927 | 14,675 | 15,252 | 75.0 | — |
| 2015 | 31,408 | 36,006 | −4,598 | 29.0 | — |
| 2016 | 21,120 | 6,598 | 14,522 | 184.8 | — |
| 2017 | 24,760 | 37,801 | −13,041 | 28.1 | — |
| 2018 | 70,563 | 7,202 | 63,361 | 253.1 | — |
| 2019 | 29,223 | 35,868 | −6,645 | 48.6 | — |
| 2020 | 20,443 | 26,844 | −6,401 | 62.1 | — |
| 2021 | 10,889 | 19,996 | −9,107 | 77.9 | — |
| 2022 | 12,846 | 15,537 | −2,691 | 98.1 | — |
| 2023 | 10,359 | 3,444 | 6,915 | 466.9 | — |
In its most recent public year (2023), this organization brought in $6,915 more than it spent. Its reserves stood at about 466.9 months of spending, up from 62.7 in 2012.
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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