Maine Medical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,204,573 | 2,041,008 | 163,565 | 9.9 | 63% |
| 2021 | 2,158,202 | 1,968,668 | 189,534 | 11.9 | 65% |
| 2022 | 2,673,174 | 2,813,914 | −140,740 | 6.9 | 65% |
| 2023 | 4,168,820 | 4,040,064 | 128,756 | 5.5 | 58% |
In its most recent public year (2023), this organization brought in $128,756 more than it spent. Its reserves stood at about 5.5 months of spending, down from 9.9 in 2020. Staff pay was 58% of spending. $86,971 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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