Massachusetts Lions Eye Research Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,320,794 | 1,045,692 | 275,102 | 20.0 | 0% |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 1,109,276 | 1,104,942 | 4,334 | 18.4 | 0% |
| 2014 | 1,246,204 | 1,058,632 | 187,572 | 21.3 | 0% |
| 2015 | 1,318,374 | 1,099,965 | 218,409 | 20.3 | 0% |
| 2016 | 1,050,633 | 1,037,257 | 13,376 | 21.3 | 0% |
| 2017 | 1,101,806 | 993,182 | 108,624 | 23.1 | 0% |
| 2018 | 1,167,136 | 1,193,394 | −26,258 | 17.1 | 0% |
| 2019 | 1,049,327 | 1,156,228 | −106,901 | 17.0 | 0% |
| 2020 | 682,863 | 721,959 | −39,096 | 27.0 | 0% |
| 2021 | 747,149 | 979,969 | −232,820 | 20.0 | 0% |
| 2022 | 940,231 | 744,133 | 196,098 | 27.3 | 0% |
| 2023 | 1,003,382 | 889,502 | 113,880 | 26.4 | 0% |
In its most recent public year (2023), this organization brought in $113,880 more than it spent. Its reserves stood at about 26.4 months of spending, up from 20 in 2011. Staff pay was 0% of spending. $1,757,905 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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