Bridgewell Danvers Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 621,285 | 14,437 | 606,848 | 504.4 | 0% |
| 2012 | 38,496 | 63,706 | −25,210 | 109.6 | 0% |
| 2013 | 70,963 | 69,154 | 1,809 | 101.2 | 0% |
| 2014 | 40,825 | 68,246 | −27,421 | 97.8 | 0% |
| 2015 | 43,910 | 84,141 | −40,231 | 73.6 | 0% |
| 2016 | 37,866 | 75,324 | −37,458 | 76.2 | 0% |
| 2017 | 44,488 | 88,810 | −44,322 | 58.6 | 0% |
| 2018 | 48,532 | 71,565 | −23,033 | 68.9 | 0% |
| 2019 | 51,864 | 66,322 | −14,458 | 71.7 | 0% |
| 2020 | 50,402 | 68,149 | −17,747 | 66.7 | 0% |
| 2021 | 41,861 | 70,940 | −29,079 | 59.2 | 0% |
| 2022 | 46,969 | 82,612 | −35,643 | 45.6 | 0% |
| 2023 | 38,704 | 65,638 | −26,934 | 52.5 | 0% |
In its most recent public year (2023), this organization spent $26,934 more than it brought in. Its reserves stood at about 52.5 months of spending, down from 504.4 in 2011. Staff pay was 0% of spending. $614,400 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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