Friends Of The Belmont Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 36,238 | 34,742 | 1,496 | 110.8 | — |
| 2021 | 26,153 | 24,307 | 1,846 | 159.3 | — |
| 2022 | 34,542 | 23,781 | 10,761 | 168.3 | — |
| 2023 | 38,215 | 30,948 | 7,267 | 132.1 | — |
| 2024 | 47,350 | 27,852 | 19,498 | 155.2 | — |
In its most recent public year (2024), this organization brought in $19,498 more than it spent. Its reserves stood at about 155.2 months of spending, up from 110.8 in 2020.
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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