Marblehead Counseling Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 551,570 | 582,617 | −31,047 | 6.1 | 0% |
| 2021 | 728,186 | 663,235 | 64,951 | 7.4 | 0% |
| 2022 | 623,838 | 789,469 | −165,631 | 3.3 | 0% |
| 2023 | 1,013,131 | 896,570 | 116,561 | 4.6 | 0% |
In its most recent public year (2023), this organization brought in $116,561 more than it spent. Its reserves stood at about 4.6 months of spending, down from 6.1 in 2020. Staff pay was 0% of spending. $155,520 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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