Maine Optometric Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 425,023 | 394,946 | 30,077 | 11.8 | 10% |
| 2012 | 413,803 | 389,989 | 23,814 | 13.3 | 12% |
| 2013 | 421,349 | 394,278 | 27,071 | 14.2 | 10% |
| 2014 | 413,839 | 398,873 | 14,966 | 15.6 | 12% |
| 2015 | 428,857 | 477,948 | −49,091 | 11.6 | 9% |
| 2016 | 459,499 | 428,278 | 31,221 | 14.2 | 11% |
| 2017 | 456,808 | 486,567 | −29,759 | 13.2 | 11% |
| 2018 | 608,873 | 512,943 | 95,930 | 14.4 | 11% |
| 2019 | 344,257 | 450,629 | −106,372 | 17.6 | 15% |
| 2020 | 341,611 | 365,247 | −23,636 | 30.5 | 18% |
| 2021 | 297,485 | 262,090 | 35,395 | 53.1 | 26% |
| 2022 | 333,122 | 365,917 | −32,795 | 29.8 | 22% |
| 2023 | 338,469 | 317,671 | 20,798 | 44.3 | 23% |
In its most recent public year (2023), this organization brought in $20,798 more than it spent. Its reserves stood at about 44.3 months of spending, up from 11.8 in 2011. Staff pay was 23% 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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