Minority Business Development Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 19,967 | −19,967 | -12.0 | — |
| 2012 | 1,920 | 63,275 | −61,355 | -15.4 | — |
| 2013 | 319,175 | 312,942 | 6,233 | -1.8 | 59% |
| 2014 | 367,954 | 469,849 | −101,895 | -3.8 | 54% |
| 2015 | 241,635 | 380,576 | −138,941 | -9.1 | 54% |
| 2016 | 209,864 | 234,160 | −24,296 | -16.1 | 60% |
| 2017 | 50,750 | 75,945 | −25,195 | -51.7 | 26% |
| 2018 | 21,691 | 28,531 | −6,840 | -140.5 | 9% |
| 2019 | 191,279 | 97,850 | 93,429 | -31.7 | 1% |
| 2020 | 22,661 | 95,721 | −73,060 | -41.2 | 46% |
| 2021 | 3,000 | 22,398 | −19,398 | -186.4 | 0% |
| 2022 | 17,000 | 29,958 | −12,958 | -144.6 | 0% |
| 2023 | 659,592 | 584,260 | 75,332 | -5.9 | 48% |
| 2024 | 1,330,830 | 773,349 | 557,481 | 4.2 | 54% |
In its most recent public year (2024), this organization brought in $557,481 more than it spent. Its reserves stood at about 4.2 months of spending, up from -12 in 2011. Staff pay was 54% of spending. $125,000 of its net assets are donor-restricted.
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 2024. 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 Business Development Institute Inc's IRS filings as a feed — one entry per filing year, through 2024. 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