Summit Medina Business Alliance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 246,845 | 276,583 | −29,738 | 0.6 | 60% |
| 2012 | 306,214 | 283,585 | 22,629 | 1.6 | 58% |
| 2013 | 311,512 | 280,806 | 30,706 | 2.9 | 60% |
| 2014 | 307,716 | 281,482 | 26,234 | 4.0 | 64% |
| 2015 | 343,492 | 375,014 | −31,522 | 2.0 | 55% |
| 2016 | 475,365 | 408,101 | 67,264 | 3.8 | 54% |
| 2017 | 419,655 | 417,495 | 2,160 | 3.8 | 62% |
| 2018 | 439,079 | 434,999 | 4,080 | 3.8 | 57% |
| 2019 | 465,587 | 475,783 | −10,196 | 3.5 | 56% |
| 2020 | 550,996 | 475,981 | 75,015 | 5.4 | 57% |
| 2021 | 503,759 | 572,535 | −68,776 | 3.0 | 52% |
| 2022 | 108,867 | 132,965 | −24,098 | 19.3 | 60% |
| 2023 | 554,074 | 568,185 | −14,111 | 5.4 | 55% |
In its most recent public year (2023), this organization spent $14,111 more than it brought in. Its reserves stood at about 5.4 months of spending, up from 0.6 in 2011. Staff pay was 55% of spending. $6,944 of its net assets are donor-restricted.
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
Summit Medina Business Alliance Inc'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