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MASSACHUSETTS ADOPTION RESOURCE EXCHANGE, INC.
MASSACHUSETTS ADOPTION RESOURCE EXCHANGE, INC.
NEWTON, MA, US
•
a.k.a
MARE
•
501(c)(3)
•
EIN
04-2227431
•
WWW.MAREINC.ORG
•
•
Women Led
MASSACHUSETTS ADOPTION RESOURCE EXCHANGE, INC.
NEWTON, MA, US
•
a.k.a
MARE
•
501(c)(3)
•
EIN
04-2227431
•
WWW.MAREINC.ORG
•
•
Women Led
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
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Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$1,951,000
Contributions
50%
Program Services
44%
Other
6%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$1,961,768
Salaries & Benefits
81%
Offices, Occupancy & IT
10%
Fees to Service Providers
4%
Other
4%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$903,153
$975,780
+8%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$849,673
$849,673
+0%
Membership Dues
$0
$0
-
Investments
$0
$14,254
-
Other
$116,454
$111,293
-4%
Total Revenues
$1,869,280
$1,951,000
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,560,940
$1,595,409
+2%
Fees to Service Providers
$42,157
$85,255
+102%
Advertising & Promotion
$4,677
$0
-100%
Offices, Occupancy & IT
$221,861
$196,069
-12%
Interest
$0
$0
-
Depreciation
$8,147
$7,138
-12%
Other
$72,698
$77,897
+7%
Total Expenses
$1,910,480
$1,961,768
+3%
Net income
2023
2024
Change
Net income
-$41,200
-$10,768
+74%
Functional Expenses
Summary
2023
2024
Change
Program
$1,587,392
$1,613,365
+2%
Admin
$187,879
$186,754
-1%
Fundraising
$135,209
$161,649
+20%
Total Expenses
$1,910,480
$1,961,768
+3%
Income Statement