Swampscott Middle School Parent Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 64,257 | 52,248 | 12,009 | 6.6 | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2020 | 32,102 | 27,379 | 4,723 | 2.1 | — |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 86,351 | 80,667 | 5,684 | 0.8 | — |
| 2023 | 56,027 | 53,568 | 2,459 | 1.8 | — |
In its most recent public year (2023), this organization brought in $2,459 more than it spent. Its reserves stood at about 1.8 months of spending, down from 6.6 in 2017.
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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