Mcmillan Edc Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 133 | 1,852 | −1,719 | 948.9 | 0% |
| 2022 | 62 | 1,629 | −1,567 | 1067.2 | 0% |
| 2023 | 101 | 1,998 | −1,897 | 858.7 | 0% |
In its most recent public year (2023), this organization spent $1,897 more than it brought in. Its reserves stood at about 858.7 months of spending, down from 948.9 in 2021. 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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