Mv Center For Education And Training Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 426,677 | 401,106 | 25,571 | 5.6 | 57% |
| 2022 | 440,063 | 416,169 | 23,894 | 6.1 | 61% |
| 2023 | 458,472 | 491,765 | −33,293 | 4.3 | 67% |
In its most recent public year (2023), this organization spent $33,293 more than it brought in. Its reserves stood at about 4.3 months of spending, down from 5.6 in 2021. Staff pay was 67% 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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