The Massachusetts Association For Adult Day Health Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 246,720 | 217,836 | 28,884 | 2.1 | 0% |
| 2021 | 257,659 | 216,701 | 40,958 | 4.3 | 0% |
| 2022 | 255,260 | 225,686 | 29,574 | 5.7 | 0% |
| 2023 | 195,657 | 228,502 | −32,845 | 3.9 | 0% |
In its most recent public year (2023), this organization spent $32,845 more than it brought in. Its reserves stood at about 3.9 months of spending, up from 2.1 in 2020. 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 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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