Morganton Community Enrichment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 290,436 | 165,553 | 124,883 | 34.0 | 0% |
| 2013 | 0 | 212,587 | −212,587 | 14.5 | — |
| 2014 | 0 | 3,114 | −3,114 | 977.2 | — |
| 2015 | 400,000 | 6,205 | 393,795 | 1252.0 | 0% |
| 2016 | 0 | 13,668 | −13,668 | 556.4 | 0% |
| 2017 | 0 | 8,991 | −8,991 | 833.8 | 0% |
| 2018 | 50,499 | 7,480 | 43,019 | 1071.2 | 20% |
| 2019 | 230,756 | 162,374 | 68,382 | 63.6 | 4% |
| 2020 | 4,827 | 11,689 | −6,862 | 877.0 | 57% |
| 2021 | 84,497 | 91,770 | −7,273 | 110.8 | 7% |
In its most recent public year (2021), this organization spent $7,273 more than it brought in. Its reserves stood at about 110.8 months of spending. Staff pay was 7% 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 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
Morganton Community Enrichment 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