Maine Wesleyan Board Of Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 52,337 | 41,990 | 10,347 | 329.7 | 7% |
| 2020 | 44,117 | 43,855 | 262 | 312.8 | 7% |
| 2021 | 35,743 | 35,235 | 508 | 384.4 | 6% |
| 2022 | 36,879 | 35,775 | 1,104 | 369.7 | 6% |
| 2023 | 42,530 | 44,289 | −1,759 | 310.3 | 5% |
In its most recent public year (2023), this organization spent $1,759 more than it brought in. Its reserves stood at about 310.3 months of spending, down from 329.7 in 2019. Staff pay was 5% of spending. $4,114 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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