Iapsrs Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,720 | 3,208 | 4,512 | 406.9 | — |
| 2021 | 21,308 | 10,920 | 10,388 | 131.0 | — |
| 2022 | 21,309 | 13,242 | 8,067 | 92.8 | — |
| 2023 | 63,864 | 65,222 | −1,358 | 18.6 | — |
| 2024 | 5,354 | 18,860 | −13,506 | 55.7 | — |
In its most recent public year (2024), this organization spent $13,506 more than it brought in. Its reserves stood at about 55.7 months of spending, down from 406.9 in 2020.
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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