Maine Guaranteed Access Reinsurance Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 9,123,557 | 4,958,729 | 4,164,828 | 12.9 | 0% |
| 2015 | 49,615 | 171,537 | −121,922 | 363.0 | 0% |
| 2016 | 462,947 | 212,499 | 250,448 | 307.2 | 0% |
| 2017 | 41,806 | 439,607 | −397,801 | 137.6 | 0% |
| 2018 | 87,732 | 464,295 | −376,563 | 120.6 | 0% |
| 2019 | 131,643,917 | 106,418,865 | 25,225,052 | 3.4 | 0% |
| 2020 | 96,950,323 | 70,257,159 | 26,693,164 | 9.6 | 0% |
| 2021 | 103,548,873 | 71,737,354 | 31,811,519 | 14.2 | 0% |
| 2022 | 74,938,407 | 93,959,932 | −19,021,525 | 8.1 | 0% |
| 2023 | 94,901,712 | 122,907,117 | −28,005,405 | 3.6 | 0% |
In its most recent public year (2023), this organization spent $28,005,405 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 12.9 in 2014. Staff pay was 0% 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
Maine Guaranteed Access Reinsurance Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works