Maine State Chiropractors Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 192,840 | 164,118 | 28,722 | 12.2 | 0% |
| 2021 | 236,821 | 195,434 | 41,387 | 13.6 | 0% |
| 2022 | 219,720 | 203,425 | 16,295 | 14.0 | 37% |
| 2023 | 288,165 | 251,697 | 36,468 | 13.1 | 27% |
In its most recent public year (2023), this organization brought in $36,468 more than it spent. Its reserves stood at about 13.1 months of spending. Staff pay was 27% 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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