Mennonite Economic Development Associates
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,261,338 | 10,033,616 | −772,278 | 12.7 | 12% |
| 2021 | 8,967,684 | 8,229,735 | 737,949 | 16.5 | 11% |
| 2022 | 14,802,817 | 10,655,445 | 4,147,372 | 17.4 | 7% |
| 2023 | 11,559,834 | 10,809,751 | 750,083 | 15.7 | 8% |
In its most recent public year (2023), this organization brought in $750,083 more than it spent. Its reserves stood at about 15.7 months of spending, up from 12.7 in 2020. Staff pay was 8% 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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