Midwest Business Brokers & Intermediaries Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 215,764 | 165,757 | 50,007 | 9.3 | 0% |
| 2021 | 237,721 | 215,057 | 22,664 | 8.4 | 0% |
| 2022 | 328,268 | 327,115 | 1,153 | 5.6 | 0% |
| 2023 | 483,369 | 458,368 | 25,001 | 4.6 | 0% |
In its most recent public year (2023), this organization brought in $25,001 more than it spent. Its reserves stood at about 4.6 months of spending, down from 9.3 in 2020. 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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