Andover Community Trust Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,244 | 7,398 | 22,846 | 536.2 | 0% |
| 2012 | 15,833 | 5,788 | 10,045 | 701.1 | 0% |
| 2013 | 35,459 | 7,385 | 28,074 | 527.8 | 0% |
| 2014 | 37,136 | 20,198 | 16,938 | 203.0 | 26% |
| 2015 | 42,042 | 51,856 | −9,814 | 76.8 | 62% |
| 2016 | 63,464 | 54,684 | 8,780 | 126.4 | 64% |
| 2017 | 8,679 | 58,770 | −50,091 | 108.3 | 62% |
| 2018 | 314,207 | 63,879 | 250,328 | 146.3 | 59% |
| 2019 | 177,535 | 62,227 | 115,308 | 174.1 | 64% |
| 2020 | 121,563 | 63,658 | 57,905 | 182.2 | 71% |
| 2021 | 155,590 | 65,831 | 89,759 | 193.8 | 68% |
| 2022 | −251,896 | 73,940 | −325,836 | 118.2 | 64% |
| 2023 | 187,881 | 85,913 | 101,968 | 116.9 | 0% |
In its most recent public year (2023), this organization brought in $101,968 more than it spent. Its reserves stood at about 116.9 months of spending, down from 536.2 in 2011. 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 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
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