Massachusetts Lodging Associations Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 26,080 | 23,059 | 3,021 | 1.1 | 0% |
| 2021 | 28,319 | 25,841 | 2,478 | 4.1 | 0% |
| 2022 | 23,504 | 25,336 | −1,832 | 1.6 | 0% |
| 2023 | 26,042 | 20,723 | 5,319 | 7.8 | 0% |
In its most recent public year (2023), this organization brought in $5,319 more than it spent. Its reserves stood at about 7.8 months of spending, up from 1.1 in 2020. Staff pay was 0% of spending. $32,175 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 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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