Public Higher Education Network Of Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,893 | 95,774 | −10,881 | 0.8 | 82% |
| 2012 | 69,819 | 73,715 | −3,896 | 1.1 | 70% |
| 2013 | 92,316 | 81,938 | 10,378 | 1.7 | 60% |
| 2014 | 66,059 | 59,777 | 6,282 | 3.5 | 69% |
| 2015 | 75,014 | 81,917 | −6,903 | 1.0 | 75% |
| 2016 | 136,026 | 96,525 | 39,501 | 0.3 | 82% |
| 2017 | 126,299 | 115,690 | 10,609 | 1.4 | 73% |
| 2018 | 277,786 | 215,762 | 62,024 | 4.2 | 58% |
| 2019 | 229,849 | 264,752 | −34,903 | 1.8 | 64% |
| 2020 | 132,348 | 167,107 | −34,759 | 0.4 | 84% |
| 2021 | 88,669 | 108,466 | −19,797 | -1.6 | 85% |
| 2022 | 75,462 | 79,481 | −4,019 | -2.7 | 75% |
In its most recent public year (2022), this organization spent $4,019 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.7 months), down from 0.8 in 2011. Staff pay was 75% 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 2022. 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
Public Higher Education Network Of Massachusetts's IRS filings as a feed — one entry per filing year, through 2022. 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