Andover Firemans Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 153,339 | 34,056 | 119,283 | 295.4 | 0% |
| 2021 | 144,217 | 75,093 | 69,124 | 154.2 | 6% |
| 2022 | 54,381 | 23,298 | 31,083 | 512.9 | 26% |
| 2023 | 55,304 | 38,513 | 16,791 | 315.5 | 19% |
In its most recent public year (2023), this organization brought in $16,791 more than it spent. Its reserves stood at about 315.5 months of spending, up from 295.4 in 2020. Staff pay was 19% 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
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