Operating record

Beverly Cable And Telecommunications Corporation

Beverly, MA · EIN 04-3584792 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$451,368$473,949−$22,58110.857%
2021$619,997$498,801$121,19613.256%
2022$839,629$526,268$313,36119.753%
2023$826,450$642,251$184,19919.658%

In its most recent public year (2023), this organization brought in $184,199 more than it spent. Its reserves stood at about 19.6 months of spending, up from 10.8 in 2020. Staff pay was 58% of spending.

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 ↗