Minority Economic Development Initiative Of Western Kentucky Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 97,753 | 98,107 | −354 | 5.6 | 56% |
| 2012 | 149,023 | 123,975 | 25,048 | 6.9 | 56% |
| 2013 | 150,325 | 128,264 | 22,061 | 8.8 | 55% |
| 2014 | 87,041 | 86,394 | 647 | 12.0 | — |
| 2015 | 110,827 | 100,166 | 10,661 | 11.7 | — |
| 2016 | 83,335 | 111,130 | −27,795 | 7.5 | — |
| 2017 | 91,522 | 91,354 | 168 | 8.9 | — |
| 2018 | 76,783 | 102,827 | −26,044 | 4.8 | — |
| 2019 | 101,354 | 104,482 | −3,128 | 4.2 | — |
| 2020 | 53,174 | 93,177 | −40,003 | -0.6 | — |
| 2023 | 61,573 | 65,164 | −3,591 | 4.9 | — |
In its most recent public year (2023), this organization spent $3,591 more than it brought in. Its reserves stood at about 4.9 months 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
Minority Economic Development Initiative Of Western Kentucky Inc's IRS filings as a feed — one entry per filing year, through 2023. 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