Massachusetts Regional Employment Board Association
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $403,373 | $360,276 | $43,097 | 8.4 | 56% |
| 2021 | $365,907 | $340,586 | $25,321 | 9.8 | 67% |
| 2022 | $373,199 | $371,462 | $1,737 | 9.0 | 67% |
| 2023 | $441,223 | $382,461 | $58,762 | 10.6 | 59% |
In its most recent public year (2023), this organization brought in $58,762 more than it spent. Its reserves stood at about 10.6 months of spending, up from 8.4 in 2020. Staff pay was 59% 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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