Massachusetts Business Alliance For Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 722,358 | 680,706 | 41,652 | 2.0 | 63% |
| 2021 | 1,330,405 | 681,922 | 648,483 | 13.4 | 60% |
| 2022 | 1,870,834 | 694,793 | 1,176,041 | 33.4 | 68% |
| 2023 | 480,904 | 924,788 | −443,884 | 19.4 | 58% |
In its most recent public year (2023), this organization spent $443,884 more than it brought in. Its reserves stood at about 19.4 months of spending, up from 2 in 2020. Staff pay was 58% of spending. $903,836 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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