Merrillville Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,231 | 16,934 | 31,297 | 23.3 | — |
| 2012 | 25,422 | 32,884 | −7,462 | 9.3 | — |
| 2013 | 58,551 | 45,911 | 12,640 | 13.1 | — |
| 2014 | 45,791 | 44,230 | 1,561 | 14.0 | — |
| 2015 | 41,188 | 19,705 | 21,483 | 44.5 | — |
| 2016 | 30,471 | 42,130 | −11,659 | 16.5 | — |
| 2017 | 33,900 | 33,441 | 459 | 21.3 | — |
| 2018 | 42,418 | 35,593 | 6,825 | 22.4 | — |
| 2019 | 44,159 | 31,428 | 12,731 | 30.2 | — |
| 2020 | 18,154 | 24,022 | −5,868 | 36.5 | — |
| 2021 | 33,474 | 21,149 | 12,325 | 48.5 | — |
| 2022 | 29,888 | 25,124 | 4,764 | 43.1 | — |
In its most recent public year (2022), this organization brought in $4,764 more than it spent. Its reserves stood at about 43.1 months of spending, up from 23.3 in 2011.
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 2022. 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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