Boston Patent Law Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 154,686 | 164,544 | −9,858 | 10.4 | 28% |
| 2021 | 129,245 | 122,671 | 6,574 | 14.6 | 40% |
| 2022 | 170,245 | 172,471 | −2,226 | 10.2 | 34% |
| 2023 | 258,872 | 270,723 | −11,851 | 6.0 | 22% |
In its most recent public year (2023), this organization spent $11,851 more than it brought in. Its reserves stood at about 6 months of spending, down from 10.4 in 2020. Staff pay was 22% 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 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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