Northborough Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 64,750 | 36,343 | 28,407 | 31.9 | — |
| 2019 | 61,074 | 71,268 | −10,194 | 14.5 | — |
| 2020 | 21,527 | 61,467 | −39,940 | 9.0 | — |
| 2021 | 30,718 | 17,826 | 12,892 | 39.9 | — |
| 2022 | 30,431 | 10,959 | 19,472 | 86.2 | — |
| 2023 | 28,278 | 39,544 | −11,266 | 22.7 | — |
| 2024 | 27,169 | 37,454 | −10,285 | 20.7 | — |
In its most recent public year (2024), this organization spent $10,285 more than it brought in. Its reserves stood at about 20.7 months of spending, down from 31.9 in 2018.
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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