Massachusetts Lobstermens Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 624,664 | 633,918 | −9,254 | 10.9 | 24% |
| 2021 | 667,385 | 633,824 | 33,561 | 10.1 | 28% |
| 2022 | 442,628 | 455,768 | −13,140 | 13.7 | 39% |
| 2023 | 872,840 | 636,522 | 236,318 | 14.3 | 27% |
In its most recent public year (2023), this organization brought in $236,318 more than it spent. Its reserves stood at about 14.3 months of spending, up from 10.9 in 2020. Staff pay was 27% of spending. $40,337 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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