The Beverly Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 59,788 | 48,469 | 11,319 | 23.6 | — |
| 2015 | 76,461 | 52,696 | 23,765 | 27.1 | — |
| 2016 | 31,807 | 52,327 | −20,520 | 22.6 | — |
| 2017 | 37,124 | 56,453 | −19,329 | 16.9 | — |
| 2018 | 34,462 | 43,982 | −9,520 | 19.1 | — |
| 2019 | 26,148 | 40,015 | −13,867 | 16.8 | — |
| 2020 | 24,162 | 22,273 | 1,889 | 31.2 | — |
| 2021 | 24,178 | 16,808 | 7,370 | 46.6 | — |
| 2022 | 22,500 | 17,702 | 4,798 | 47.5 | — |
| 2023 | 51,539 | 28,372 | 23,167 | 39.4 | — |
| 2024 | 48,345 | 59,753 | −11,408 | 16.4 | — |
In its most recent public year (2024), this organization spent $11,408 more than it brought in. Its reserves stood at about 16.4 months of spending, down from 23.6 in 2014.
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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