Bay Aging Apartments Middlesex Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 280,346 | 356,649 | −76,303 | 85.7 | 4% |
| 2022 | 289,667 | 339,600 | −49,933 | 88.2 | 6% |
| 2023 | 298,128 | 369,701 | −71,573 | 78.7 | 6% |
| 2024 | 318,669 | 382,539 | −63,870 | 74.1 | 7% |
In its most recent public year (2024), this organization spent $63,870 more than it brought in. Its reserves stood at about 74.1 months of spending, down from 85.7 in 2021. Staff pay was 7% of spending. $3,406,694 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 2024. 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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