Folk New England Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 25,962 | 25,154 | 808 | 10.9 | — |
| 2021 | 5,556 | 15,785 | −10,229 | 6.2 | — |
| 2022 | 11,738 | 15,792 | −4,054 | 3.1 | — |
| 2023 | 26,962 | 8,612 | 18,350 | 31.3 | — |
In its most recent public year (2023), this organization brought in $18,350 more than it spent. Its reserves stood at about 31.3 months of spending, up from 10.9 in 2018.
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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