Friends Of The Lowell Council On Aging Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,739 | 36,441 | −8,702 | 76.7 | — |
| 2012 | 26,607 | 30,337 | −3,730 | 90.6 | — |
| 2013 | 33,044 | 34,168 | −1,124 | 80.1 | — |
| 2014 | 21,614 | 26,855 | −5,241 | 99.5 | — |
| 2015 | 24,352 | 39,104 | −14,752 | 63.8 | — |
| 2016 | 22,545 | 59,651 | −37,106 | 34.4 | — |
| 2017 | 18,689 | 26,893 | −8,204 | 72.6 | — |
| 2018 | 19,468 | 48,979 | −29,511 | 32.6 | — |
| 2019 | 14,542 | 21,879 | −7,337 | 69.0 | — |
| 2020 | 6,258 | 4,552 | 1,706 | 336.2 | — |
| 2021 | 13,203 | 12,643 | 560 | 121.6 | — |
| 2022 | 9,208 | 10,921 | −1,713 | 138.9 | — |
| 2023 | 19,119 | 9,507 | 9,612 | 171.7 | — |
In its most recent public year (2023), this organization brought in $9,612 more than it spent. Its reserves stood at about 171.7 months of spending, up from 76.7 in 2011.
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
Friends Of The Lowell Council On Aging Center Inc'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