Western Maine Education Collaborative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 223,207 | 152,987 | 70,220 | 10.0 | 32% |
| 2014 | 214,428 | 220,092 | −5,664 | 6.7 | 23% |
| 2015 | 183,869 | 156,033 | 27,836 | 11.5 | 35% |
| 2016 | 111,435 | 120,709 | −9,274 | 14.0 | 46% |
| 2017 | 121,372 | 126,919 | −5,547 | 12.8 | 50% |
| 2018 | 142,043 | 143,097 | −1,054 | 11.3 | 45% |
| 2019 | 124,573 | 136,902 | −12,329 | 10.7 | 46% |
| 2020 | 353,961 | 139,123 | 214,838 | 29.0 | 52% |
| 2021 | 173,582 | 264,572 | −90,990 | 11.1 | — |
| 2022 | 192,475 | 249,246 | −56,771 | 9.1 | — |
| 2023 | 145,677 | 126,551 | 19,126 | 19.7 | — |
| 2024 | 159,137 | 133,673 | 25,464 | 21.0 | — |
In its most recent public year (2024), this organization brought in $25,464 more than it spent. Its reserves stood at about 21 months of spending, up from 10 in 2013.
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 2024. 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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