Friends Of Ipswich Elementary Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,173 | 67,692 | −17,519 | 9.3 | — |
| 2012 | 76,120 | 72,542 | 3,578 | 9.3 | — |
| 2013 | 205,934 | 159,509 | 46,425 | 7.7 | 0% |
| 2014 | 110,978 | 124,699 | −13,721 | 8.5 | 0% |
| 2015 | 45,332 | 71,228 | −25,896 | 10.6 | 0% |
| 2016 | 65,927 | 39,738 | 26,189 | 26.9 | 0% |
| 2017 | 32,812 | 46,651 | −13,839 | 19.3 | 0% |
| 2018 | 72,610 | 36,405 | 36,205 | 36.7 | — |
| 2019 | 54,600 | 61,992 | −7,392 | 20.1 | — |
| 2020 | 23,045 | 35,983 | −12,938 | 30.4 | — |
| 2021 | 40,063 | 43,153 | −3,090 | 24.5 | — |
| 2022 | 59,328 | 55,001 | 4,327 | 20.1 | — |
| 2023 | 71,459 | 61,575 | 9,884 | 19.9 | — |
In its most recent public year (2023), this organization brought in $9,884 more than it spent. Its reserves stood at about 19.9 months of spending, up from 9.3 in 2011.
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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