Dominican Republic Education And Mentoring Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,919,109 | 1,721,992 | 197,117 | 18.8 | 35% |
| 2021 | 1,512,757 | 1,119,715 | 393,042 | 33.5 | 40% |
| 2022 | 2,449,223 | 1,674,936 | 774,287 | 27.3 | 37% |
| 2023 | 1,940,259 | 2,123,461 | −183,202 | 21.7 | 37% |
In its most recent public year (2023), this organization spent $183,202 more than it brought in. Its reserves stood at about 21.7 months of spending, up from 18.8 in 2020. Staff pay was 37% of spending. $262,685 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 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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