Southcoast Mentoring Initiative Forlearning Education And Service Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 413,599 | 410,291 | 3,308 | -5.4 | 0% |
| 2012 | 507,264 | 300,193 | 207,071 | 0.8 | 0% |
| 2013 | 283,621 | 286,498 | −2,877 | 0.8 | 0% |
| 2014 | 232,733 | 224,102 | 8,631 | 1.4 | 0% |
| 2015 | 293,775 | 238,775 | 55,000 | 4.1 | 0% |
| 2016 | 294,914 | 296,386 | −1,472 | 3.3 | 0% |
| 2017 | 200,864 | 210,156 | −9,292 | 4.1 | 0% |
| 2018 | 236,646 | 193,919 | 42,727 | 7.0 | 0% |
| 2019 | 167,337 | 159,745 | 7,592 | 9.1 | 0% |
| 2020 | 106,581 | 143,392 | −36,811 | 7.1 | 0% |
| 2021 | 74,111 | 69,024 | 5,087 | 15.6 | 0% |
| 2022 | 58,929 | 43,287 | 15,642 | 29.2 | 0% |
| 2023 | 580 | 31,266 | −30,686 | 28.7 | 0% |
In its most recent public year (2023), this organization spent $30,686 more than it brought in. Its reserves stood at about 28.7 months of spending, up from -5.4 in 2011. 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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