Andover Committee For A Better Chance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 304,499 | 172,307 | 132,192 | 76.6 | 9% |
| 2022 | 149,246 | 194,749 | −45,503 | 64.9 | 8% |
| 2023 | 262,600 | 225,229 | 37,371 | 58.1 | 10% |
| 2024 | 268,080 | 215,998 | 52,082 | 63.5 | 13% |
In its most recent public year (2024), this organization brought in $52,082 more than it spent. Its reserves stood at about 63.5 months of spending, down from 76.6 in 2021. Staff pay was 13% 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 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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