Mission Asset Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 41,604,479 | 33,416,819 | 8,187,660 | 5.7 | 9% |
| 2021 | 57,826,731 | 21,709,114 | 36,117,617 | 28.5 | 19% |
| 2022 | 9,021,043 | 20,000,045 | −10,979,002 | 23.3 | 27% |
| 2023 | 8,886,025 | 20,173,222 | −11,287,197 | 16.5 | 26% |
In its most recent public year (2023), this organization spent $11,287,197 more than it brought in. Its reserves stood at about 16.5 months of spending, up from 5.7 in 2020. Staff pay was 26% of spending. $4,920,564 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works