Masconomet Regional Scholarship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 280,419 | 194,483 | 85,936 | 95.2 | 0% |
| 2022 | 261,055 | 201,529 | 59,526 | 77.3 | 0% |
| 2023 | 225,401 | 222,381 | 3,020 | 75.1 | 0% |
| 2024 | 320,371 | 194,229 | 126,142 | 102.9 | 0% |
In its most recent public year (2024), this organization brought in $126,142 more than it spent. Its reserves stood at about 102.9 months of spending, up from 95.2 in 2021. Staff pay was 0% of spending. $1,613,053 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 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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