Mpower Approach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 85,981 | 131,565 | −45,584 | 15.9 | 36% |
| 2021 | 195,584 | 128,787 | 66,797 | 22.4 | 43% |
| 2022 | 91,163 | 173,384 | −82,221 | 11.0 | 35% |
| 2023 | 172,239 | 218,818 | −46,579 | 6.1 | 28% |
In its most recent public year (2023), this organization spent $46,579 more than it brought in. Its reserves stood at about 6.1 months of spending, down from 15.9 in 2020. Staff pay was 28% 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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