Massachusetts Biotechnology Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,117,923 | 1,070,772 | 47,151 | 14.4 | 37% |
| 2012 | 1,108,828 | 974,414 | 134,414 | 17.5 | 42% |
| 2013 | 1,359,924 | 1,384,935 | −25,011 | 12.1 | 34% |
| 2014 | 1,265,272 | 1,302,521 | −37,249 | 12.5 | 44% |
| 2015 | 1,339,980 | 1,178,589 | 161,391 | 15.5 | 41% |
| 2016 | 1,176,374 | 1,205,645 | −29,271 | 14.9 | 45% |
| 2017 | 1,411,793 | 1,302,935 | 108,858 | 14.8 | 46% |
| 2018 | 2,156,414 | 1,417,486 | 738,928 | 19.8 | 39% |
| 2019 | 4,260,360 | 3,389,111 | 871,249 | 11.4 | 19% |
| 2020 | 1,912,335 | 3,261,348 | −1,349,013 | 6.9 | 29% |
| 2021 | 2,337,731 | 2,290,837 | 46,894 | 10.0 | 53% |
| 2022 | 3,237,337 | 3,473,613 | −236,276 | 5.8 | 44% |
| 2023 | 3,623,323 | 3,478,040 | 145,283 | 6.3 | 50% |
In its most recent public year (2023), this organization brought in $145,283 more than it spent. Its reserves stood at about 6.3 months of spending, down from 14.4 in 2011. Staff pay was 50% of spending. $358,372 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
Massachusetts Biotechnology Education Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works