Friends Of Malden Teen Enrichment Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 123,398 | 36,246 | 87,152 | 28.9 | — |
| 2014 | 65,998 | 45,730 | 20,268 | 28.2 | — |
| 2015 | 40,314 | 64,861 | −24,547 | 15.3 | — |
| 2016 | 60,527 | 50,339 | 10,188 | 22.2 | — |
| 2017 | 92,794 | 46,984 | 45,810 | 35.5 | — |
| 2018 | 36,039 | 63,743 | −27,704 | 20.9 | — |
| 2019 | 39,542 | 64,295 | −24,753 | 16.1 | — |
| 2020 | 22,031 | 36,254 | −14,223 | 23.9 | — |
| 2021 | 15,830 | 13,003 | 2,827 | 69.2 | — |
| 2022 | 15,886 | 28,953 | −13,067 | 25.7 | — |
| 2023 | 35,166 | 38,528 | −3,362 | 18.2 | — |
In its most recent public year (2023), this organization spent $3,362 more than it brought in. Its reserves stood at about 18.2 months of spending, down from 28.9 in 2013.
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
Friends Of Malden Teen Enrichment Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works