Mountain Association For Community Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,372,361 | 5,689,729 | −1,317,368 | 43.7 | 36% |
| 2022 | 8,576,709 | 4,193,321 | 4,383,388 | 71.8 | 42% |
| 2023 | 6,043,653 | 4,549,571 | 1,494,082 | 70.1 | 43% |
| 2024 | 8,094,633 | 5,452,825 | 2,641,808 | 64.3 | 41% |
In its most recent public year (2024), this organization brought in $2,641,808 more than it spent. Its reserves stood at about 64.3 months of spending, up from 43.7 in 2021. Staff pay was 41% of spending. $9,958,890 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
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