Southwestern Connecticut Agency On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,856,044 | 13,650,361 | 205,683 | 2.2 | 38% |
| 2021 | 13,935,523 | 12,767,993 | 1,167,530 | 3.5 | 41% |
| 2022 | 14,605,418 | 14,194,576 | 410,842 | 3.2 | 38% |
| 2023 | 15,398,927 | 15,307,010 | 91,917 | 3.1 | 38% |
In its most recent public year (2023), this organization brought in $91,917 more than it spent. Its reserves stood at about 3.1 months of spending. Staff pay was 38% 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 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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