Friends Of The Merrimac Council On Aging
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 6,079 | 16,994 | −10,915 | 40.2 | — |
| 2011 | 8,072 | 14,509 | −6,437 | 41.8 | — |
| 2012 | 15,457 | 10,777 | 4,680 | 61.4 | — |
| 2013 | 7,116 | 13,721 | −6,605 | 42.5 | — |
| 2014 | 3,327 | 9,828 | −6,501 | 51.4 | — |
| 2015 | 2,162 | 10,857 | −8,695 | 36.9 | — |
| 2016 | 6,713 | 9,405 | −2,692 | 39.2 | — |
| 2017 | 10,534 | 8,535 | 1,999 | 46.0 | — |
| 2018 | 16,804 | 10,495 | 6,309 | 44.6 | — |
| 2022 | 20,399 | 12,265 | 8,134 | 32.7 | — |
| 2023 | 12,806 | 28,572 | −15,766 | 7.4 | — |
In its most recent public year (2023), this organization spent $15,766 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 40.2 in 2010.
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
Friends Of The Merrimac Council On Aging'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