Friends Of Saugus Senior Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 14,754 | 38,353 | −23,599 | 105.5 | — |
| 2021 | 29,410 | 3,643 | 25,767 | 1341.8 | — |
| 2022 | 24,693 | 6,306 | 18,387 | 720.1 | — |
In its most recent public year (2022), this organization brought in $18,387 more than it spent. Its reserves stood at about 720.1 months of spending, up from 105.5 in 2020.
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 2022. 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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