Massachusetts Spitfires Hockey Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 534,719 | 481,360 | 53,359 | 6.8 | 18% |
| 2020 | 541,925 | 517,851 | 24,074 | 6.8 | 22% |
| 2021 | 536,797 | 456,923 | 79,874 | 9.9 | 23% |
| 2022 | 634,091 | 578,785 | 55,306 | 8.9 | 19% |
| 2023 | 539,269 | 541,539 | −2,270 | 9.5 | 24% |
In its most recent public year (2023), this organization spent $2,270 more than it brought in. Its reserves stood at about 9.5 months of spending, up from 6.8 in 2019. Staff pay was 24% 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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