Maine Government Finance Officers Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 8,133 | 7,834 | 299 | 13.6 | — |
| 2020 | 3,530 | 6,441 | −2,911 | 11.1 | — |
| 2021 | 8,918 | 7,090 | 1,828 | 13.2 | — |
| 2023 | 11,333 | 20,165 | −8,832 | 10.9 | — |
In its most recent public year (2023), this organization spent $8,832 more than it brought in. Its reserves stood at about 10.9 months 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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