Miracit Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,230,014 | 1,388,082 | −158,068 | 2.1 | 15% |
| 2011 | 848,969 | 870,800 | −21,831 | -3.7 | 14% |
| 2012 | 958,172 | 619,683 | 338,489 | 1.4 | 12% |
| 2013 | 474,326 | 526,779 | −52,453 | -38.5 | 1% |
| 2014 | 445,759 | 347,562 | 98,197 | -54.9 | 2% |
| 2015 | 364,286 | 589,346 | −225,060 | -37.0 | 2% |
| 2016 | 1,065,569 | 939,116 | 126,453 | -21.1 | 0% |
| 2017 | 316,626 | 339,469 | −22,843 | -59.1 | 0% |
| 2018 | 430,720 | 351,644 | 79,076 | -55.5 | 0% |
| 2019 | 370,281 | 487,438 | −117,157 | -42.9 | 0% |
| 2020 | 415,442 | 328,740 | 86,702 | -71.2 | 0% |
| 2021 | 582,538 | 459,636 | 122,902 | -47.7 | 0% |
| 2022 | 2,437,135 | 384,300 | 2,052,835 | 38.3 | 0% |
| 2023 | 236,089 | 269,089 | −33,000 | 53.2 | 0% |
In its most recent public year (2023), this organization spent $33,000 more than it brought in. Its reserves stood at about 53.2 months of spending, up from 2.1 in 2010. Staff pay was 0% 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
Miracit Development Corporation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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