National Minority Business Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 168,748 | 188,430 | −19,682 | -5.5 | 45% |
| 2012 | 185,217 | 183,761 | 1,456 | -5.6 | 46% |
| 2013 | 254,998 | 174,281 | 80,717 | -0.3 | 50% |
| 2014 | 170,147 | 217,727 | −47,580 | -2.9 | 42% |
| 2015 | 179,805 | 217,019 | −37,214 | -4.9 | 29% |
| 2016 | 129,227 | 113,669 | 15,558 | -7.8 | 0% |
| 2020 | 58,849 | 53,125 | 5,724 | -3.7 | 0% |
| 2021 | 50,320 | 67,966 | −17,646 | -6.0 | — |
In its most recent public year (2021), this organization spent $17,646 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6 months).
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
National Minority Business Council Inc's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works