Operating record

The Arc Of Opportunity In North Central Massachusetts Inc

Fitchburg, MA · EIN 04-2226199 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2021$17,674,515$15,822,630$1,851,8858.358%
2022$18,583,549$16,932,960$1,650,5898.963%
2023$19,135,293$17,068,482$2,066,81110.464%

In its most recent public year (2023), this organization brought in $2,066,811 more than it spent. Its reserves stood at about 10.4 months of spending, up from 8.3 in 2021. Staff pay was 64% of spending. $35,109 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 ↗