Massachusetts Bar Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,507,832 | 2,937,959 | 569,873 | 31.1 | 7% |
| 2021 | 2,757,602 | 3,133,358 | −375,756 | 29.6 | 7% |
| 2022 | 4,148,301 | 3,188,298 | 960,003 | 29.1 | 7% |
| 2023 | 8,597,967 | 4,328,115 | 4,269,852 | 35.1 | 6% |
In its most recent public year (2023), this organization brought in $4,269,852 more than it spent. Its reserves stood at about 35.1 months of spending, up from 31.1 in 2020. Staff pay was 6% of spending. $9,470,155 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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