Educational Foundation Of The Massachusetts Society Of Certified
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,947,794 | 1,942,806 | 4,988 | 0.7 | 20% |
| 2013 | 1,959,496 | 1,955,709 | 3,787 | 0.7 | 0% |
| 2014 | 1,974,636 | 1,986,181 | −11,545 | 0.7 | 0% |
| 2015 | 1,949,089 | 1,958,049 | −8,960 | 0.6 | 0% |
| 2016 | 1,920,317 | 1,924,821 | −4,504 | 0.6 | 0% |
| 2017 | 1,825,827 | 1,813,467 | 12,360 | 0.7 | 0% |
| 2018 | 1,950,011 | 1,943,262 | 6,749 | 0.7 | 0% |
| 2019 | 2,145,015 | 2,005,835 | 139,180 | 1.5 | 0% |
| 2020 | 2,046,558 | 1,965,862 | 80,696 | 2.0 | 0% |
| 2021 | 1,452,303 | 1,297,497 | 154,806 | 4.5 | 0% |
| 2022 | 2,006,323 | 1,587,416 | 418,907 | 6.9 | 0% |
| 2023 | 2,334,844 | 2,091,467 | 243,377 | 6.6 | 0% |
In its most recent public year (2023), this organization brought in $243,377 more than it spent. Its reserves stood at about 6.6 months of spending, up from 0.7 in 2012. Staff pay was 0% of spending. $21,630 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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