Midwest Association Of Independent Inns Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,064 | 99,999 | −5,935 | -3.2 | — |
| 2021 | 105,697 | 108,087 | −2,390 | -3.2 | — |
| 2022 | 117,420 | 130,582 | −13,162 | -3.9 | — |
| 2023 | 123,840 | 130,783 | −6,943 | -4.5 | — |
In its most recent public year (2023), this organization spent $6,943 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.5 months), down from -3.2 in 2020.
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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