Mmac Community Support Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,457,761 | 4,334,485 | 123,276 | 2.7 | 0% |
| 2021 | 1,029,572 | 1,111,720 | −82,148 | 9.7 | 0% |
| 2022 | 960,482 | 773,219 | 187,263 | 20.5 | 0% |
| 2023 | 16,957,997 | 17,613,534 | −655,537 | 0.5 | 0% |
In its most recent public year (2023), this organization spent $655,537 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 2.7 in 2020. Staff pay was 0% of spending. $306,981 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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