Mike Peterson Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,523 | 41,591 | 34,932 | 7.9 | — |
| 2012 | 38,704 | 52,833 | −14,129 | 3.0 | — |
| 2014 | 18,687 | 24,146 | −5,459 | 7.5 | — |
| 2015 | 10,318 | 21,027 | −10,709 | 2.5 | — |
| 2016 | 7,750 | 5,610 | 2,140 | 13.9 | — |
| 2017 | 22,034 | 23,337 | −1,303 | 2.7 | — |
| 2018 | 0 | 1,767 | −1,767 | 23.2 | — |
| 2020 | 16 | 461 | −445 | 0.1 | — |
| 2021 | 300 | 227 | 73 | 4.0 | — |
In its most recent public year (2021), this organization brought in $73 more than it spent. Its reserves stood at about 4 months of spending, down from 7.9 in 2011.
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 2021. 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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