Massachusetts Hospital Research & Educational Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,830 | 63,984 | 20,846 | 8.4 | 0% |
| 2012 | 477,687 | 306,516 | 171,171 | 8.4 | 35% |
| 2013 | 417,401 | 359,107 | 58,294 | 9.2 | 59% |
| 2014 | 337,624 | 348,512 | −10,888 | 9.1 | 49% |
| 2015 | 94,739 | 83,278 | 11,461 | 39.6 | 44% |
| 2016 | 147,909 | 133,930 | 13,979 | 25.9 | 72% |
| 2017 | 137,813 | 534,454 | −396,641 | -2.4 | 14% |
| 2018 | 130,698 | 602,166 | −471,468 | -11.5 | 13% |
| 2019 | 127,838 | 98,569 | 29,269 | -67.0 | 71% |
| 2020 | 1,294,367 | 1,274,471 | 19,896 | -5.0 | 8% |
| 2021 | 1,345,539 | 1,325,571 | 19,968 | -4.5 | 11% |
| 2022 | 1,074,010 | 1,042,518 | 31,492 | -5.4 | 14% |
| 2023 | 35,854 | 530 | 35,324 | -9799.7 | 0% |
In its most recent public year (2023), this organization brought in $35,324 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9799.7 months), down from 8.4 in 2011. 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
Massachusetts Hospital Research & Educational Association 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