Massachusetts Nurses Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 108,087 | 101,895 | 6,192 | 31.2 | — |
| 2012 | 111,664 | 100,788 | 10,876 | 31.6 | — |
| 2013 | 117,894 | 98,522 | 19,372 | 35.5 | — |
| 2014 | 87,314 | 91,104 | −3,790 | 39.5 | — |
| 2015 | 123,316 | 148,166 | −24,850 | 23.0 | — |
| 2016 | 147,791 | 178,913 | −31,122 | 16.8 | — |
| 2017 | 198,567 | 89,326 | 109,241 | 51.8 | 0% |
| 2018 | 95,244 | 82,370 | 12,874 | 60.6 | 0% |
| 2019 | 81,861 | 88,163 | −6,302 | 58.0 | 0% |
| 2020 | 88,053 | 75,662 | 12,391 | 69.0 | 0% |
| 2021 | 81,226 | 69,070 | 12,156 | 83.6 | 0% |
| 2022 | 102,089 | 70,487 | 31,602 | 80.0 | 0% |
| 2023 | 34,253 | 75,519 | −41,266 | 68.9 | 0% |
In its most recent public year (2023), this organization spent $41,266 more than it brought in. Its reserves stood at about 68.9 months of spending, up from 31.2 in 2011. Staff pay was 0% of spending. $131,830 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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