Massachusetts Independent Pharmacists Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 99,094 | 117,610 | −18,516 | 24.8 | — |
| 2021 | 161,696 | 61,395 | 100,301 | 67.0 | — |
| 2022 | 56,336 | 107,974 | −51,638 | 26.8 | — |
| 2023 | 89,777 | 129,033 | −39,256 | 23.1 | — |
In its most recent public year (2023), this organization spent $39,256 more than it brought in. Its reserves stood at about 23.1 months of spending, down from 24.8 in 2020.
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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