Andover Youth Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 406,053 | 179,494 | 226,559 | 18.7 | 0% |
| 2021 | 8,069 | 141,502 | −133,433 | 12.4 | 0% |
| 2022 | 3,113 | 32,598 | −29,485 | 43.0 | 0% |
| 2023 | 742 | 34,013 | −33,271 | 29.5 | 0% |
In its most recent public year (2023), this organization spent $33,271 more than it brought in. Its reserves stood at about 29.5 months of spending, up from 18.7 in 2020. Staff pay was 0% of spending. $73,832 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 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
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