Friends Of The Salem Senior Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 136,218 | 109,397 | 26,821 | 19.0 | — |
| 2012 | 146,057 | 232,824 | −86,767 | 4.5 | — |
| 2013 | 73,688 | 94,810 | −21,122 | 8.3 | — |
| 2014 | 180,501 | 185,532 | −5,031 | 3.9 | 0% |
| 2015 | 246,654 | 231,305 | 15,349 | 3.9 | 0% |
| 2016 | 246,094 | 218,456 | 27,638 | 5.7 | 0% |
| 2017 | 183,985 | 191,705 | −7,720 | 6.0 | 0% |
| 2018 | 324,825 | 304,819 | 20,006 | 4.6 | 0% |
| 2019 | 314,835 | 259,286 | 55,549 | 8.6 | 0% |
| 2020 | 289,243 | 285,818 | 3,425 | 7.9 | 24% |
| 2021 | 351,537 | 369,316 | −17,779 | 8.5 | 13% |
| 2022 | 187,372 | 151,915 | 35,457 | 21.1 | — |
| 2023 | 394,572 | 217,201 | 177,371 | 26.0 | 28% |
In its most recent public year (2023), this organization brought in $177,371 more than it spent. Its reserves stood at about 26 months of spending, up from 19 in 2011. Staff pay was 28% of spending. $165,000 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
Friends Of The Salem Senior Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works