Maac Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 800,000 | 0 | 800,000 | — | — |
| 2017 | 2,487,836 | 346,286 | 2,141,550 | 101.9 | 23% |
| 2018 | 555,815 | 586,071 | −30,256 | 59.6 | 12% |
| 2019 | 700,293 | 580,201 | 120,092 | 72.9 | 0% |
| 2020 | 1,293,712 | 788,557 | 505,155 | 54.0 | 7% |
| 2021 | 7,226,707 | 1,479,842 | 5,746,865 | 75.4 | 9% |
| 2022 | 3,423,715 | 1,261,619 | 2,162,096 | 108.8 | 23% |
| 2023 | 7,483,013 | 1,489,823 | 5,993,190 | 144.3 | 29% |
In its most recent public year (2023), this organization brought in $5,993,190 more than it spent. Its reserves stood at about 144.3 months of spending. Staff pay was 29% of spending. $5,365,441 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
Maac Foundation 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