Mers Real Estate Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 101,489 | 386,453 | −284,964 | 270.6 | 0% |
| 2018 | 86,107 | 304,675 | −218,568 | 334.6 | 0% |
| 2019 | 177,054 | 319,218 | −142,164 | 314.0 | 0% |
| 2020 | 207,205 | 310,037 | −102,832 | 319.4 | 0% |
| 2021 | 184,704 | 353,500 | −168,796 | 274.4 | 0% |
| 2022 | 169,523 | 393,987 | −224,464 | -26.0 | 0% |
| 2023 | 212,920 | 424,428 | −211,508 | -30.1 | 0% |
In its most recent public year (2023), this organization spent $211,508 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-30.1 months), down from 270.6 in 2017. Staff pay was 0% 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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