Maine Secondary School Principals Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,064,978 | 1,976,399 | 88,579 | 5.8 | 25% |
| 2021 | 951,525 | 1,188,705 | −237,180 | 8.7 | 42% |
| 2022 | 2,173,473 | 1,872,812 | 300,661 | 6.5 | 28% |
| 2023 | 2,479,239 | 2,317,063 | 162,176 | 5.8 | 23% |
| 2024 | 2,729,780 | 2,427,448 | 302,332 | 7.3 | 22% |
In its most recent public year (2024), this organization brought in $302,332 more than it spent. Its reserves stood at about 7.3 months of spending, up from 5.8 in 2020. Staff pay was 22% 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 2024. 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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