Aging Services Of North Central Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,178,690 | 19,452,558 | 726,132 | 6.2 | 22% |
| 2021 | 19,675,001 | 18,835,413 | 839,588 | 7.0 | 22% |
| 2022 | 21,546,564 | 20,502,818 | 1,043,746 | 7.0 | 25% |
| 2023 | 22,291,623 | 21,852,438 | 439,185 | 6.8 | 25% |
In its most recent public year (2023), this organization brought in $439,185 more than it spent. Its reserves stood at about 6.8 months of spending. Staff pay was 25% of spending. $5,173 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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