Martin Luther King Jr Association Of Asheville & Buncombe County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 25,373 | 31,564 | −6,191 | -2.4 | — |
| 2010 | 32,805 | 31,853 | 952 | 0.4 | — |
| 2011 | 49,386 | 38,238 | 11,148 | 3.8 | — |
| 2012 | 48,609 | 50,281 | −1,672 | 0.0 | — |
| 2013 | 48,609 | 50,281 | −1,672 | 0.0 | — |
| 2021 | 71,317 | 49,192 | 22,125 | 21.6 | — |
| 2022 | 73,313 | 73,006 | 307 | 2.6 | — |
| 2023 | 151,566 | 213,225 | −61,659 | -0.6 | — |
In its most recent public year (2023), this organization spent $61,659 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), up from -2.4 in 2009.
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
Martin Luther King Jr Association Of Asheville & Buncombe County's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works