Mcdevco Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 539,802 | 697,452 | −157,650 | 4.1 | 0% |
| 2012 | 676,932 | 582,529 | 94,403 | 6.8 | 0% |
| 2013 | 681,529 | 639,409 | 42,120 | 7.1 | 0% |
| 2014 | 569,541 | 519,634 | 49,907 | 9.9 | 0% |
| 2015 | 434,747 | 443,283 | −8,536 | 11.3 | 0% |
| 2016 | 341,996 | 407,310 | −65,314 | 10.4 | 0% |
| 2017 | 381,980 | 346,098 | 35,882 | 13.5 | 54% |
| 2018 | 503,893 | 302,173 | 201,720 | 22.4 | 60% |
| 2019 | 672,640 | 442,178 | 230,462 | 21.6 | 48% |
| 2020 | 519,113 | 438,515 | 80,598 | 24.9 | 30% |
| 2021 | 751,322 | 594,365 | 156,957 | 20.8 | 29% |
| 2022 | 695,703 | 550,321 | 145,382 | 24.0 | 33% |
| 2023 | 459,873 | 489,932 | −30,059 | 26.9 | 37% |
In its most recent public year (2023), this organization spent $30,059 more than it brought in. Its reserves stood at about 26.9 months of spending, up from 4.1 in 2011. Staff pay was 37% of spending. $186,515 of its net assets are donor-restricted.
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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