Boothbay Region Student Aid Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 541,646 | 394,933 | 146,713 | 208.9 | 0% |
| 2022 | 2,669,575 | 420,978 | 2,248,597 | 247.2 | 1% |
| 2023 | 525,697 | 440,476 | 85,221 | 240.0 | 2% |
| 2024 | 777,975 | 487,301 | 290,674 | 259.7 | 2% |
In its most recent public year (2024), this organization brought in $290,674 more than it spent. Its reserves stood at about 259.7 months of spending, up from 208.9 in 2021. Staff pay was 2% of spending. $4,395,552 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 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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