Cape Ann Commercial Fishermens Loan Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,986 | 5,668 | −1,682 | 1411.8 | 0% |
| 2022 | 2,438 | 9,248 | −6,810 | 112.1 | 0% |
| 2023 | 255 | 4,043 | −3,788 | 245.1 | 0% |
| 2024 | 3,500 | 4,198 | −698 | 234.0 | 0% |
In its most recent public year (2024), this organization spent $698 more than it brought in. Its reserves stood at about 234 months of spending, down from 1411.8 in 2021. Staff pay was 0% 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 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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