Tower School In Marblehead Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,964,065 | 8,194,476 | −230,411 | 13.0 | 51% |
| 2012 | 9,411,031 | 8,554,580 | 856,451 | 13.6 | 49% |
| 2013 | 8,854,275 | 9,240,218 | −385,943 | 12.2 | 45% |
| 2014 | 9,900,045 | 9,617,455 | 282,590 | 12.4 | 43% |
| 2015 | 8,825,246 | 9,229,689 | −404,443 | 12.2 | 47% |
| 2016 | 8,551,224 | 8,910,794 | −359,570 | 11.6 | 43% |
| 2017 | 8,235,785 | 8,826,682 | −590,897 | 11.4 | 40% |
| 2018 | 7,796,824 | 9,098,885 | −1,302,061 | 9.2 | 41% |
| 2019 | 10,159,945 | 9,513,409 | 646,536 | 9.5 | 41% |
| 2020 | 10,167,918 | 9,843,633 | 324,285 | 9.4 | 41% |
| 2021 | 9,754,979 | 9,504,882 | 250,097 | 10.8 | 42% |
| 2022 | 10,113,331 | 9,874,468 | 238,863 | 9.7 | 42% |
| 2023 | 9,853,687 | 9,981,472 | −127,785 | 9.9 | 43% |
In its most recent public year (2023), this organization spent $127,785 more than it brought in. Its reserves stood at about 9.9 months of spending, down from 13 in 2011. Staff pay was 43% of spending. $1,526,836 of its net assets are donor-restricted.
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
Tower School In Marblehead Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works