Massachusetts Aging Access Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 416,798 | 458,419 | −41,621 | 6.1 | 41% |
| 2020 | 478,649 | 430,835 | 47,814 | 7.8 | 49% |
| 2021 | 440,868 | 411,506 | 29,362 | 9.1 | 53% |
| 2022 | 476,967 | 331,077 | 145,890 | 16.6 | 38% |
| 2023 | 783,724 | 675,036 | 108,688 | 10.0 | 25% |
In its most recent public year (2023), this organization brought in $108,688 more than it spent. Its reserves stood at about 10 months of spending, up from 6.1 in 2019. Staff pay was 25% 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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