Friends Of The Newbury Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,539 | 1,011 | 1,528 | 2479.5 | — |
| 2022 | 817 | 70,298 | −69,481 | 23.8 | — |
| 2023 | 1,275 | 22,950 | −21,675 | 61.6 | — |
| 2024 | 5,832 | 2,056 | 3,776 | 717.4 | — |
In its most recent public year (2024), this organization brought in $3,776 more than it spent. Its reserves stood at about 717.4 months of spending, down from 2479.5 in 2021.
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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