Midland 4th Of July Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,736 | 26,997 | −15,261 | 6.3 | — |
| 2012 | 22,083 | 25,785 | −3,702 | 4.9 | — |
| 2013 | 18,467 | 23,464 | −4,997 | 2.8 | — |
| 2014 | 41,899 | 22,323 | 19,576 | 13.5 | — |
| 2015 | 42,089 | 34,754 | 7,335 | 11.2 | — |
| 2016 | 33,838 | 44,347 | −10,509 | 5.9 | — |
| 2017 | 25,086 | 39,254 | −14,168 | 4.2 | — |
| 2018 | 31,646 | 31,211 | 435 | 5.4 | — |
| 2019 | 46,077 | 37,952 | 8,125 | 7.0 | — |
| 2020 | 9,403 | 10,402 | −999 | 24.5 | — |
| 2021 | 48,836 | 30,113 | 18,723 | 15.9 | — |
| 2022 | 45,245 | 34,983 | 10,262 | 17.2 | — |
| 2023 | 39,653 | 43,479 | −3,826 | 12.8 | — |
In its most recent public year (2023), this organization spent $3,826 more than it brought in. Its reserves stood at about 12.8 months of spending, up from 6.3 in 2011.
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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