Andover School Of Montessori Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,094,630 | 2,935,149 | 159,481 | 6.1 | 63% |
| 2022 | 4,007,907 | 3,351,136 | 656,771 | 7.2 | 63% |
| 2023 | 4,546,044 | 3,719,766 | 826,278 | 9.4 | 60% |
| 2024 | 4,212,798 | 3,808,578 | 404,220 | 10.7 | 57% |
In its most recent public year (2024), this organization brought in $404,220 more than it spent. Its reserves stood at about 10.7 months of spending, up from 6.1 in 2021. Staff pay was 57% of spending. $244,312 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 2024. 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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