Maine Education Association Benefits Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,118,654 | 21,391,231 | −14,272,577 | 40.1 | 2% |
| 2012 | 14,910,985 | 22,877,769 | −7,966,784 | 33.2 | 2% |
| 2013 | 7,205,282 | 30,845,311 | −23,640,029 | 15.4 | 1% |
| 2014 | 24,753,751 | 18,306,919 | 6,446,832 | 30.2 | 2% |
| 2015 | 25,186,033 | 12,486,759 | 12,699,274 | 56.7 | 4% |
| 2016 | 10,302,153 | 14,137,787 | −3,835,634 | 47.1 | 3% |
| 2017 | 7,699,004 | 13,010,875 | −5,311,871 | 45.7 | 4% |
| 2018 | 514,340,516 | 496,263,905 | 18,076,611 | 1.8 | 0% |
| 2019 | 538,915,998 | 517,888,489 | 21,027,509 | 2.3 | 0% |
| 2020 | 583,864,900 | 534,694,434 | 49,170,466 | 3.3 | 0% |
| 2021 | 534,515,388 | 539,746,008 | −5,230,620 | 3.1 | 0% |
| 2022 | 567,819,611 | 560,996,475 | 6,823,136 | 3.0 | 0% |
| 2023 | 582,870,598 | 571,537,154 | 11,333,444 | 3.2 | 0% |
In its most recent public year (2023), this organization brought in $11,333,444 more than it spent. Its reserves stood at about 3.2 months of spending, down from 40.1 in 2011. Staff pay was 0% 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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