Minority Economic Developmentinstitute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,172 | 51,070 | 9,102 | 2.8 | — |
| 2012 | 63,504 | 86,691 | −23,187 | -1.6 | — |
| 2013 | 75,918 | 55,682 | 20,236 | 1.9 | — |
| 2014 | 62,620 | 58,835 | 3,785 | 0.8 | — |
| 2015 | 75,144 | 67,587 | 7,557 | 2.0 | — |
| 2016 | 74,289 | 75,836 | −1,547 | 1.6 | — |
| 2017 | 87,108 | 86,987 | 121 | 2.0 | — |
| 2018 | 60,184 | 57,865 | 2,319 | 3.6 | — |
| 2019 | 66,439 | 71,748 | −5,309 | 2.0 | — |
| 2020 | 10,440 | 20,924 | −10,484 | 0.8 | — |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 24,307 | 18,707 | 5,600 | 4.6 | — |
In its most recent public year (2023), this organization brought in $5,600 more than it spent. Its reserves stood at about 4.6 months of spending, up from 2.8 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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