Massachusetts Adoption Resource Exchange Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,038,993 | 1,071,185 | −32,192 | 1.8 | 56% |
| 2012 | 1,286,195 | 1,328,307 | −42,112 | 1.1 | 48% |
| 2013 | 1,305,176 | 1,240,203 | 64,973 | 1.8 | 50% |
| 2014 | 1,188,604 | 1,104,019 | 84,585 | 3.0 | 48% |
| 2015 | 1,232,551 | 1,174,124 | 58,427 | 3.4 | 54% |
| 2016 | 1,314,595 | 1,262,595 | 52,000 | 3.6 | 56% |
| 2017 | 1,240,466 | 1,227,122 | 13,344 | 3.9 | 58% |
| 2018 | 1,359,090 | 1,319,696 | 39,394 | 4.0 | 61% |
| 2019 | 1,401,148 | 1,458,998 | −57,850 | 3.1 | 64% |
| 2020 | 1,399,280 | 1,470,812 | −71,532 | 2.5 | 66% |
| 2021 | 1,930,540 | 1,645,274 | 285,266 | 4.3 | 68% |
| 2022 | 1,819,619 | 1,767,445 | 52,174 | 4.4 | 67% |
| 2023 | 1,869,280 | 1,910,480 | −41,200 | 3.8 | 69% |
In its most recent public year (2023), this organization spent $41,200 more than it brought in. Its reserves stood at about 3.8 months of spending, up from 1.8 in 2011. Staff pay was 69% of spending. $130,891 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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