The Foundation For Andover Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 122,569 | 131,578 | −9,009 | 75.7 | 27% |
| 2013 | 163,408 | 114,743 | 48,665 | 99.4 | 32% |
| 2014 | 162,191 | 135,668 | 26,523 | 91.9 | 28% |
| 2015 | 155,813 | 218,360 | −62,547 | 51.7 | 40% |
| 2016 | 117,065 | 168,894 | −51,829 | 56.6 | 33% |
| 2017 | 91,028 | 133,405 | −42,377 | 75.4 | 37% |
| 2018 | 148,963 | 46,893 | 102,070 | 248.6 | 0% |
| 2019 | 69,431 | 106,205 | −36,774 | 105.5 | 0% |
| 2020 | 162,498 | 147,445 | 15,053 | 75.6 | 0% |
| 2021 | 75,543 | 52,411 | 23,132 | 258.6 | 0% |
| 2022 | 180,703 | 89,439 | 91,264 | 140.7 | 0% |
| 2023 | 84,257 | 94,315 | −10,058 | 137.0 | 0% |
In its most recent public year (2023), this organization spent $10,058 more than it brought in. Its reserves stood at about 137 months of spending, up from 75.7 in 2012. Staff pay was 0% of spending. $489,922 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 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
The Foundation For Andover Schools'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