Mqvn Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,367,044 | 1,019,851 | 347,193 | 10.7 | 39% |
| 2012 | 2,265,361 | 1,737,553 | 527,808 | 9.9 | 31% |
| 2013 | 2,711,299 | 2,404,660 | 306,639 | 8.7 | 41% |
| 2014 | 3,392,564 | 2,313,894 | 1,078,670 | 14.6 | 50% |
| 2015 | 3,869,504 | 2,650,623 | 1,218,881 | 18.3 | 49% |
| 2016 | 3,263,821 | 2,660,212 | 603,609 | 20.9 | 51% |
| 2017 | 3,545,660 | 2,846,877 | 698,783 | 22.5 | 56% |
| 2018 | 3,613,634 | 3,145,286 | 468,348 | 22.2 | 56% |
| 2019 | 3,492,972 | 3,377,443 | 115,529 | 22.1 | 50% |
| 2020 | 3,359,941 | 3,456,380 | −96,439 | 21.3 | 51% |
| 2021 | 5,261,115 | 3,790,267 | 1,470,848 | 24.1 | 52% |
| 2022 | 4,795,506 | 3,993,110 | 802,396 | 25.3 | 50% |
| 2023 | 4,630,723 | 4,066,885 | 563,838 | 26.5 | 62% |
In its most recent public year (2023), this organization brought in $563,838 more than it spent. Its reserves stood at about 26.5 months of spending, up from 10.7 in 2011. Staff pay was 62% 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
Mqvn Community Development Corporation'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