Maine Financial Institutions Employee Ben Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 29,142,977 | 26,198,158 | 2,944,819 | 5.5 | 0% |
| 2021 | 31,217,132 | 29,318,033 | 1,899,099 | 5.7 | 0% |
| 2022 | 30,607,059 | 31,450,649 | −843,590 | 5.0 | 0% |
| 2023 | 34,804,942 | 37,255,454 | −2,450,512 | 3.4 | 0% |
In its most recent public year (2023), this organization spent $2,450,512 more than it brought in. Its reserves stood at about 3.4 months of spending, down from 5.5 in 2020. 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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