The Connecticut Association Of Boards Of Education Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,285,408 | 2,384,582 | −99,174 | 8.2 | 53% |
| 2021 | 2,127,763 | 2,078,018 | 49,745 | 9.7 | 59% |
| 2022 | 2,326,470 | 2,331,887 | −5,417 | 8.5 | 53% |
| 2023 | 2,428,593 | 2,273,362 | 155,231 | 9.8 | 49% |
In its most recent public year (2023), this organization brought in $155,231 more than it spent. Its reserves stood at about 9.8 months of spending, up from 8.2 in 2020. Staff pay was 49% 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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