Association Of Retired Educators Of Fairfield
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,995 | 1,848 | 1,147 | 0.0 | — |
| 2011 | 3,806 | 5,690 | −1,884 | 20.7 | — |
| 2012 | 6,536 | 1,730 | 4,806 | 101.3 | — |
| 2013 | 4,746 | 2,738 | 2,008 | 72.8 | — |
| 2014 | 2,719 | 2,334 | 385 | 72.7 | — |
| 2015 | 5,020 | 3,399 | 1,621 | 54.3 | — |
| 2016 | 5,636 | 4,500 | 1,136 | 44.0 | — |
| 2017 | 3,530 | 6,571 | −3,041 | 24.6 | — |
| 2018 | 6,046 | 5,565 | 481 | 30.1 | — |
| 2019 | 4,090 | 5,734 | −1,644 | 25.7 | — |
| 2020 | 5,711 | 7,182 | −1,471 | 18.1 | — |
In its most recent public year (2020), this organization spent $1,471 more than it brought in. Its reserves stood at about 18.1 months of spending, up from 0 in 2010.
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 2020. 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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