Friends Of The Hanson Multi Service Senior Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 1,160 | −1,160 | 12.0 | 0% |
| 2015 | 5,907 | 2,693 | 3,214 | 19.5 | 0% |
| 2016 | 10,661 | 11,207 | −546 | 4.1 | 0% |
| 2017 | 5,817 | 4,395 | 1,422 | 3.9 | 0% |
| 2018 | 6,823 | 7,751 | −928 | 13.9 | — |
| 2019 | 8,018 | 6,160 | 1,858 | 21.0 | — |
| 2020 | 1,319 | 2,015 | −696 | 60.2 | — |
| 2021 | 6,484 | 3,621 | 2,863 | 43.0 | — |
| 2022 | 8,030 | 6,935 | 1,095 | 24.3 | — |
| 2023 | 8,782 | 7,904 | 878 | 22.7 | — |
In its most recent public year (2023), this organization brought in $878 more than it spent. Its reserves stood at about 22.7 months of spending, up from 12 in 2014.
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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