Massachusetts Veterans Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,684 | 5,778 | 22,906 | 893.1 | 0% |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 181,294 | 22,910 | 158,384 | 308.2 | 0% |
| 2023 | 155,020 | 140,717 | 14,303 | 57.4 | 0% |
In its most recent public year (2023), this organization brought in $14,303 more than it spent. Its reserves stood at about 57.4 months of spending, down from 893.1 in 2020. 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
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