Miami Childrens Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,006,519 | 237,309 | 1,769,210 | 89.5 | 0% |
| 2012 | 204,196 | 1,241,735 | −1,037,539 | 6.8 | 53% |
| 2013 | 369,936 | 731,574 | −361,638 | 5.6 | 50% |
| 2014 | 630,683 | 881,620 | −250,937 | 1.3 | 35% |
| 2015 | 1,452,197 | 1,415,548 | 36,649 | 1.1 | 43% |
| 2016 | 1,482,713 | 1,484,524 | −1,811 | 0.2 | 49% |
| 2017 | 2,608,392 | 2,471,137 | 137,255 | 0.8 | 66% |
| 2018 | 2,129,766 | 2,014,538 | 115,228 | 1.7 | 63% |
| 2020 | 1,393,279 | 1,594,730 | −201,451 | 0.6 | 61% |
| 2021 | 1,477,265 | 1,216,584 | 260,681 | 3.4 | 70% |
| 2022 | 1,134,309 | 1,253,099 | −118,790 | 3.7 | 70% |
| 2023 | 341,089 | 1,656,269 | −1,315,180 | -6.9 | 54% |
In its most recent public year (2023), this organization spent $1,315,180 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.9 months), down from 89.5 in 2011. Staff pay was 54% 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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