Family Resource Center At Gorham
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,703,872 | 3,181,795 | 522,077 | 6.0 | 2% |
| 2022 | 4,256,786 | 3,814,179 | 442,607 | 5.8 | 2% |
| 2023 | 3,679,326 | 3,432,415 | 246,911 | 7.3 | 2% |
| 2024 | 3,907,168 | 3,512,779 | 394,389 | 8.6 | 3% |
In its most recent public year (2024), this organization brought in $394,389 more than it spent. Its reserves stood at about 8.6 months of spending, up from 6 in 2021. Staff pay was 3% of spending. $286,430 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 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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