M M & P Joint Employment Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,195,929 | 1,118,138 | 77,791 | 15.7 | 1% |
| 2021 | 1,369,937 | 1,062,724 | 307,213 | 19.9 | 1% |
| 2022 | 1,420,214 | 1,238,832 | 181,382 | 18.9 | 1% |
| 2023 | 1,578,077 | 1,277,141 | 300,936 | 21.1 | 1% |
In its most recent public year (2023), this organization brought in $300,936 more than it spent. Its reserves stood at about 21.1 months of spending, up from 15.7 in 2020. Staff pay was 1% 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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