Minkwon Center For Community Action Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 945,269 | 887,874 | 57,395 | 2.2 | 55% |
| 2012 | 1,545,457 | 1,262,563 | 282,894 | 4.2 | 39% |
| 2013 | 1,401,456 | 1,310,582 | 90,874 | 4.9 | 50% |
| 2014 | 1,751,698 | 1,228,063 | 523,635 | 10.3 | 7% |
| 2015 | 1,905,615 | 1,351,005 | 554,610 | 14.3 | 52% |
| 2016 | 1,016,415 | 1,442,441 | −426,026 | 9.9 | 51% |
| 2017 | 1,979,546 | 1,261,327 | 718,219 | 18.1 | 54% |
| 2018 | 965,193 | 1,322,841 | −357,648 | 14.0 | 54% |
| 2019 | 1,503,728 | 1,259,378 | 244,350 | 17.1 | 51% |
| 2021 | 2,888,245 | 2,274,641 | 613,604 | 11.4 | 43% |
| 2022 | 3,142,356 | 2,472,441 | 669,915 | 13.8 | 49% |
| 2023 | 2,762,598 | 2,614,945 | 147,653 | 13.5 | 51% |
In its most recent public year (2023), this organization brought in $147,653 more than it spent. Its reserves stood at about 13.5 months of spending, up from 2.2 in 2011. Staff pay was 51% of spending. $904,411 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 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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