Massachusetts Funeral Directors Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 366,051 | 335,066 | 30,985 | 21.8 | 38% |
| 2021 | 353,915 | 262,899 | 91,016 | 32.0 | 53% |
| 2023 | 416,004 | 358,568 | 57,436 | 29.4 | 38% |
| 2024 | 490,365 | 459,069 | 31,296 | 22.9 | 13% |
In its most recent public year (2024), this organization brought in $31,296 more than it spent. Its reserves stood at about 22.9 months of spending, up from 21.8 in 2020. Staff pay was 13% 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 2024. 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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