Watts 2 Boston Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 50,342 | 31,509 | 18,833 | 7.2 | — |
| 2021 | 66,128 | 70,844 | −4,716 | 2.4 | — |
| 2022 | 115,965 | 94,274 | 21,691 | 4.6 | — |
| 2023 | 148,558 | 138,146 | 10,412 | 4.0 | — |
| 2024 | 314,640 | 246,676 | 67,964 | 5.6 | 0% |
In its most recent public year (2024), this organization brought in $67,964 more than it spent. Its reserves stood at about 5.6 months of spending. Staff pay was 0% 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 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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