Friends Of The Hadley Council On Aging Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 16,698 | 4,425 | 12,273 | 33.3 | — |
| 2016 | 13,337 | 2,752 | 10,585 | 99.7 | — |
| 2017 | 21,870 | 7,371 | 14,499 | 60.8 | — |
| 2018 | 20,715 | 12,308 | 8,407 | 44.6 | — |
| 2019 | 32,009 | 23,394 | 8,615 | 27.9 | — |
| 2020 | 48,638 | 11,170 | 37,468 | 98.7 | — |
| 2021 | 54,834 | 34,503 | 20,331 | 39.0 | — |
| 2022 | 97,395 | 57,388 | 40,007 | 31.8 | — |
| 2023 | 81,264 | 67,158 | 14,106 | 29.7 | — |
In its most recent public year (2023), this organization brought in $14,106 more than it spent. Its reserves stood at about 29.7 months of spending, down from 33.3 in 2015.
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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