Mentor Economic Assistance Corporation - Meaco
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 164,821 | 145,847 | 18,974 | 33.3 | — |
| 2012 | 248,011 | 125,298 | 122,713 | 50.5 | 0% |
| 2013 | 82,690 | 115,323 | −32,633 | 49.7 | 0% |
| 2014 | 69,162 | 76,052 | −6,890 | 74.3 | 0% |
| 2015 | 102,217 | 77,786 | 24,431 | 76.4 | 0% |
| 2016 | 64,858 | 53,976 | 10,882 | 112.5 | 0% |
| 2017 | 58,475 | 73,760 | −15,285 | 79.8 | 0% |
| 2018 | 76,506 | 51,869 | 24,637 | 119.2 | 0% |
| 2019 | 56,425 | 18,018 | 38,407 | 368.8 | 0% |
| 2020 | 49,876 | 44,171 | 5,705 | 152.0 | 0% |
| 2021 | 57,043 | 62,799 | −5,756 | 105.4 | 0% |
| 2022 | 36,305 | 44,559 | −8,254 | 146.4 | 0% |
| 2023 | 41,965 | 88,143 | −46,178 | 67.7 | 27% |
In its most recent public year (2023), this organization spent $46,178 more than it brought in. Its reserves stood at about 67.7 months of spending, up from 33.3 in 2011. Staff pay was 27% 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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