Massachusetts Council For Adult Foster Care Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,250 | 37,502 | −20,252 | 67.3 | — |
| 2021 | 538 | 12,552 | −12,014 | 189.7 | — |
| 2022 | 0 | 12,937 | −12,937 | 172.0 | — |
| 2023 | 2,500 | 7,518 | −5,018 | 288.0 | — |
In its most recent public year (2023), this organization spent $5,018 more than it brought in. Its reserves stood at about 288 months of spending, up from 67.3 in 2020.
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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