Local First Milwaukee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 66,905 | 51,990 | 14,915 | 4.6 | — |
| 2016 | 93,192 | 111,543 | −18,351 | 0.2 | — |
| 2017 | 94,863 | 108,888 | −14,025 | -1.3 | — |
| 2018 | 51,064 | 51,115 | −51 | -2.9 | — |
| 2019 | 62,749 | 49,432 | 13,317 | -0.1 | — |
| 2020 | 34,882 | 39,789 | −4,907 | -1.6 | — |
| 2021 | 23,137 | 7,299 | 15,838 | 17.2 | — |
In its most recent public year (2021), this organization brought in $15,838 more than it spent. Its reserves stood at about 17.2 months of spending, up from 4.6 in 2015.
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
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