Middlesex County Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 296,411 | 267,212 | 29,199 | 28.5 | 37% |
| 2021 | 774,698 | 533,680 | 241,018 | 19.7 | 35% |
| 2022 | 867,190 | 716,930 | 150,260 | 17.7 | 26% |
| 2023 | 859,312 | 734,846 | 124,466 | 19.3 | 25% |
In its most recent public year (2023), this organization brought in $124,466 more than it spent. Its reserves stood at about 19.3 months of spending, down from 28.5 in 2020. Staff pay was 25% of spending. $63,927 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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