Norwood-Norfolk Teachers Association Benefit Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 94,671 | 95,467 | −796 | 2.1 | — |
| 2022 | 100,446 | 103,667 | −3,221 | 1.5 | — |
| 2023 | 106,870 | 104,437 | 2,433 | 1.8 | — |
| 2024 | 111,540 | 117,585 | −6,045 | 1.0 | — |
In its most recent public year (2024), this organization spent $6,045 more than it brought in. Its reserves stood at about 1 months of spending, down from 2.1 in 2021.
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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