Massachusetts Mortgage Bankers Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 52,443 | 14,000 | 38,443 | 286.1 | — |
| 2021 | 50,195 | 8,220 | 41,975 | 548.6 | — |
| 2022 | 16,911 | 10,900 | 6,011 | 372.4 | — |
| 2023 | 11,813 | 35 | 11,778 | 134527.9 | — |
In its most recent public year (2023), this organization brought in $11,778 more than it spent. Its reserves stood at about 134527.9 months of spending, up from 286.1 in 2020.
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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