Mercadien Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 79,202 | 75,385 | 3,817 | 0.9 | — |
| 2020 | 6,057 | 7,291 | −1,234 | 7.6 | — |
| 2021 | 10,595 | 5,849 | 4,746 | 19.2 | — |
In its most recent public year (2021), this organization brought in $4,746 more than it spent. Its reserves stood at about 19.2 months of spending, up from 0.9 in 2019.
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 2021. 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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