Operating record

Midlantic Banking And Finance Network Inc

Wayne, PA · EIN 23-2198324 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2019$171,933$201,983−$30,05013.90%
2020$76,251$74,657$1,59438.00%
2021$21,848$35,699−$13,85174.80%
2022$72,364$73,202−$83836.30%
2023$65,255$87,867−$22,61227.20%

In its most recent public year (2023), this organization spent $22,612 more than it brought in. Its reserves stood at about 27.2 months of spending, up from 13.9 in 2019. 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 ↗