Lowell Alumni Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 645,634 | 385,714 | 259,920 | 91.2 | 14% |
| 2012 | 762,579 | 692,868 | 69,711 | 52.0 | 11% |
| 2013 | 799,685 | 551,943 | 247,742 | 70.7 | 10% |
| 2014 | 1,535,953 | 730,872 | 805,081 | 66.0 | 9% |
| 2015 | 202,511 | 260,302 | −57,791 | 182.2 | 4% |
| 2016 | 945,648 | 864,767 | 80,881 | 56.0 | 9% |
| 2017 | 787,971 | 653,666 | 134,305 | 76.5 | 14% |
| 2018 | 1,999,502 | 707,985 | 1,291,517 | 92.5 | 8% |
| 2019 | 1,667,882 | 805,810 | 862,072 | 94.1 | 9% |
| 2020 | 865,201 | 1,243,041 | −377,840 | 66.0 | 5% |
| 2021 | 786,955 | 720,488 | 66,467 | 130.4 | 11% |
| 2022 | 1,098,988 | 1,514,230 | −415,242 | 49.3 | 7% |
| 2023 | 1,372,481 | 703,839 | 668,642 | 124.6 | 18% |
In its most recent public year (2023), this organization brought in $668,642 more than it spent. Its reserves stood at about 124.6 months of spending, up from 91.2 in 2011. Staff pay was 18% of spending. $5,497,468 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
Lowell Alumni Association'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