Massachusetts Hockey Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,077,152 | 1,133,090 | −55,938 | 15.7 | 19% |
| 2021 | 1,037,415 | 743,754 | 293,661 | 29.7 | 42% |
| 2022 | 1,535,961 | 1,605,586 | −69,625 | 12.1 | 16% |
| 2023 | 1,574,033 | 1,577,502 | −3,469 | 12.5 | 16% |
In its most recent public year (2023), this organization spent $3,469 more than it brought in. Its reserves stood at about 12.5 months of spending, down from 15.7 in 2020. Staff pay was 16% of spending. $303,148 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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