Massachusetts Association Of Student Financial Aid Administrato
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 127,925 | 146,122 | −18,197 | 43.8 | 0% |
| 2020 | 129,513 | 124,389 | 5,124 | 51.0 | 0% |
| 2021 | 74,702 | 50,734 | 23,968 | 145.5 | 0% |
| 2022 | 119,607 | 79,661 | 39,946 | 86.0 | 0% |
| 2023 | 119,948 | 92,755 | 27,193 | 78.4 | 0% |
| 2024 | 118,193 | 157,790 | −39,597 | 48.0 | 0% |
In its most recent public year (2024), this organization spent $39,597 more than it brought in. Its reserves stood at about 48 months of spending, up from 43.8 in 2019. Staff pay was 0% 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 2024. 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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