Secured Finance Network Midwest
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,294 | 15,507 | 5,787 | 86.3 | — |
| 2012 | 5,693 | 15,378 | −9,685 | 79.5 | — |
| 2013 | 11,802 | 6,034 | 5,768 | 214.1 | — |
| 2014 | 78,341 | 17,857 | 60,484 | 125.2 | — |
| 2015 | 90,048 | 64,729 | 25,319 | 39.2 | 0% |
| 2016 | 65,106 | 15,615 | 49,491 | 200.7 | 0% |
| 2017 | 83,215 | 48,224 | 34,991 | 73.7 | 0% |
| 2018 | 48,749 | 50,109 | −1,360 | 70.6 | 0% |
| 2019 | 49,145 | 123,873 | −74,728 | 21.3 | 0% |
| 2020 | 85,362 | 78,955 | 6,407 | 37.0 | — |
| 2021 | 8,496 | 40,239 | −31,743 | 63.2 | — |
| 2022 | 93,142 | 51,685 | 41,457 | 58.8 | 36% |
| 2023 | 148,366 | 54,681 | 93,685 | 76.2 | 28% |
In its most recent public year (2023), this organization brought in $93,685 more than it spent. Its reserves stood at about 76.2 months of spending, down from 86.3 in 2011. Staff pay was 28% 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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