New England Association Of Schools & Colleges Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,437,899 | 7,045,050 | 392,849 | 15.6 | 57% |
| 2021 | 8,827,084 | 6,835,791 | 1,991,293 | 20.1 | 60% |
| 2022 | 7,781,290 | 8,594,474 | −813,184 | 13.7 | 51% |
| 2023 | 7,484,063 | 7,346,163 | 137,900 | 17.0 | 63% |
In its most recent public year (2023), this organization brought in $137,900 more than it spent. Its reserves stood at about 17 months of spending, up from 15.6 in 2020. Staff pay was 63% of spending. $32,000 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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