Friends Of The Harvard Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 4,249 | 4,229 | 20 | 41.6 | — |
| 2019 | 48,713 | 34,887 | 13,826 | 20.2 | — |
| 2020 | 100,394 | 15,963 | 84,431 | 107.6 | — |
| 2021 | 9,535 | 5,450 | 4,085 | 324.2 | — |
| 2022 | 18,940 | 12,947 | 5,993 | 142.0 | — |
| 2023 | 15,837 | 6,488 | 9,349 | 275.6 | — |
In its most recent public year (2023), this organization brought in $9,349 more than it spent. Its reserves stood at about 275.6 months of spending, up from 41.6 in 2015.
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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