Midwest Senior Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,139,984 | 12,455,799 | 684,185 | 12.0 | 16% |
| 2021 | 9,586,362 | 9,983,326 | −396,964 | 14.5 | 19% |
| 2022 | 8,932,674 | 9,481,885 | −549,211 | 14.6 | 20% |
| 2023 | 9,637,506 | 9,855,801 | −218,295 | 23.8 | 18% |
In its most recent public year (2023), this organization spent $218,295 more than it brought in. Its reserves stood at about 23.8 months of spending, up from 12 in 2020. Staff pay was 18% of spending.
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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