Massachusetts Manufacturing Extension Partnership Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,906,194 | 7,581,603 | 324,591 | 1.9 | 50% |
| 2021 | 7,647,712 | 7,064,186 | 583,526 | 3.1 | 54% |
| 2022 | 10,807,956 | 10,855,874 | −47,918 | 2.0 | 37% |
| 2023 | 9,326,531 | 8,936,973 | 389,558 | 2.9 | 44% |
| 2024 | 11,721,683 | 11,728,272 | −6,589 | 2.2 | 41% |
In its most recent public year (2024), this organization spent $6,589 more than it brought in. Its reserves stood at about 2.2 months of spending. Staff pay was 41% 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 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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