Boston Latin School Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,947,259 | 4,827,050 | 2,120,209 | 162.2 | 31% |
| 2021 | 21,646,836 | 4,276,964 | 17,369,872 | 231.8 | 36% |
| 2022 | −8,021,699 | 5,078,519 | −13,100,218 | 164.3 | 29% |
| 2023 | 11,810,087 | 4,985,653 | 6,824,434 | 183.8 | 27% |
In its most recent public year (2023), this organization brought in $6,824,434 more than it spent. Its reserves stood at about 183.8 months of spending, up from 162.2 in 2020. Staff pay was 27% of spending. $73,769,711 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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