Bedford Senior Community Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 347,340 | 273,587 | 73,753 | 39.4 | 38% |
| 2021 | 411,545 | 293,027 | 118,518 | 41.6 | 38% |
| 2022 | 405,232 | 380,876 | 24,356 | 32.8 | 0% |
| 2023 | 474,932 | 443,671 | 31,261 | 29.0 | 0% |
In its most recent public year (2023), this organization brought in $31,261 more than it spent. Its reserves stood at about 29 months of spending, down from 39.4 in 2020. Staff pay was 0% of spending. $147,062 of its net assets are donor-restricted.
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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