Massachusetts Alliance Of Portuguese Speakers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,347,237 | 3,794,573 | 552,664 | 8.2 | 54% |
| 2022 | 4,074,637 | 3,657,772 | 416,865 | 9.5 | 59% |
| 2023 | 4,661,725 | 3,962,489 | 699,236 | 11.0 | 58% |
In its most recent public year (2023), this organization brought in $699,236 more than it spent. Its reserves stood at about 11 months of spending, up from 8.2 in 2021. Staff pay was 58% of spending. $512,033 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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