Monrovia Festival And Community Org Anization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 21,900 | 23,085 | −1,185 | 46.1 | — |
| 2021 | 30,812 | 39,125 | −8,313 | 24.7 | — |
In its most recent public year (2021), this organization spent $8,313 more than it brought in. Its reserves stood at about 24.7 months of spending, down from 46.1 in 2020.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works