Benjamin Franklin Cummings Institute Of Technology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 14,554,191 | 18,897,603 | −4,343,412 | 3.8 | 42% |
| 2021 | 17,077,730 | 16,744,946 | 332,784 | 4.5 | 39% |
| 2022 | 16,845,374 | 16,819,262 | 26,112 | 4.5 | 37% |
| 2023 | 19,382,762 | 16,875,340 | 2,507,422 | 6.3 | 40% |
In its most recent public year (2023), this organization brought in $2,507,422 more than it spent. Its reserves stood at about 6.3 months of spending, up from 3.8 in 2020. Staff pay was 40% of spending. $7,632,900 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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