Andover Firefighters Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 258,798 | 82,759 | 176,039 | 441.6 | 0% |
| 2012 | 273,260 | 242,601 | 30,659 | 164.1 | 0% |
| 2013 | 325,115 | 363,769 | −38,654 | 122.0 | 1% |
| 2014 | 362,098 | 192,755 | 169,343 | 244.6 | 2% |
| 2015 | 353,448 | 158,948 | 194,500 | 291.1 | 2% |
| 2016 | 352,788 | 439,359 | −86,571 | 109.0 | 1% |
| 2017 | 344,917 | 666,872 | −321,955 | 75.4 | 0% |
| 2018 | 358,819 | 340,267 | 18,552 | 137.3 | 1% |
| 2019 | 295,396 | 406,760 | −111,364 | 127.3 | 1% |
| 2020 | 378,072 | 539,739 | −161,667 | 98.1 | 1% |
| 2021 | 315,386 | 1,038,483 | −723,097 | 46.3 | 0% |
| 2022 | 353,190 | 207,242 | 145,948 | 210.5 | 2% |
| 2023 | 359,145 | 346,804 | 12,341 | 135.5 | 1% |
In its most recent public year (2023), this organization brought in $12,341 more than it spent. Its reserves stood at about 135.5 months of spending, down from 441.6 in 2011. Staff pay was 1% 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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