Maine Education Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,134,650 | 8,238,113 | 896,537 | 6.6 | 51% |
| 2021 | 9,353,123 | 8,656,350 | 696,773 | 7.6 | 51% |
| 2022 | 9,312,665 | 8,550,921 | 761,744 | 8.5 | 51% |
| 2023 | 9,463,505 | 8,862,376 | 601,129 | 9.1 | 51% |
In its most recent public year (2023), this organization brought in $601,129 more than it spent. Its reserves stood at about 9.1 months of spending, up from 6.6 in 2020. Staff pay was 51% 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 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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