Massachusetts Society Of Optometris Ts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 770,416 | 806,606 | −36,190 | 8.4 | 31% |
| 2013 | 796,413 | 795,022 | 1,391 | 10.3 | 32% |
| 2014 | 861,122 | 866,261 | −5,139 | 10.2 | 30% |
| 2015 | 825,822 | 855,107 | −29,285 | 9.2 | 28% |
| 2016 | 836,892 | 961,690 | −124,798 | 5.2 | 27% |
| 2020 | 676,305 | 629,121 | 47,184 | 13.8 | 26% |
| 2021 | 1,489,054 | 569,339 | 919,715 | 34.6 | 39% |
| 2022 | 620,919 | 485,418 | 135,501 | 42.5 | 48% |
| 2023 | 647,553 | 536,257 | 111,296 | 46.3 | 52% |
In its most recent public year (2023), this organization brought in $111,296 more than it spent. Its reserves stood at about 46.3 months of spending, up from 8.4 in 2012. Staff pay was 52% of spending.
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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