Massachusetts Senior Care Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,637,654 | 3,735,954 | −98,300 | 6.8 | 18% |
| 2021 | 3,605,157 | 3,452,819 | 152,338 | 8.3 | 22% |
| 2022 | 3,184,846 | 3,369,029 | −184,183 | 6.7 | 34% |
| 2023 | 2,589,018 | 2,863,430 | −274,412 | 7.3 | 44% |
In its most recent public year (2023), this organization spent $274,412 more than it brought in. Its reserves stood at about 7.3 months of spending. Staff pay was 44% 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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