National Black Mba Association Cleveland Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 60,790 | 35,096 | 25,694 | 47.1 | 0% |
| 2019 | 33,015 | 24,551 | 8,464 | 73.4 | 0% |
| 2020 | 24,085 | 3,636 | 20,449 | 563.3 | 0% |
| 2021 | 18,330 | 5,780 | 12,550 | 380.4 | 0% |
| 2022 | 334 | 3,241 | −2,907 | 667.6 | 0% |
| 2023 | 13,002 | 5,982 | 7,020 | 375.8 | 0% |
In its most recent public year (2023), this organization brought in $7,020 more than it spent. Its reserves stood at about 375.8 months of spending, up from 47.1 in 2018. 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
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