Microenterprise Resources Initiatives & Training
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 183,301 | 183,468 | −167 | 3.6 | — |
| 2012 | 279,372 | 236,931 | 42,441 | 5.1 | 61% |
| 2013 | 213,581 | 204,704 | 8,877 | 6.4 | 66% |
| 2014 | 196,124 | 234,749 | −38,625 | 3.6 | 67% |
| 2015 | 195,345 | 179,285 | 16,060 | 5.8 | 68% |
| 2016 | 291,903 | 263,609 | 28,294 | 4.5 | 70% |
| 2017 | 375,485 | 285,268 | 90,217 | 8.3 | 0% |
| 2018 | 156,935 | 329,473 | −172,538 | 0.9 | 58% |
| 2019 | 242,609 | 298,192 | −55,583 | 1.5 | 65% |
| 2020 | 281,388 | 298,041 | −16,653 | 0.8 | 68% |
| 2021 | 337,001 | 288,171 | 48,830 | 4.1 | 65% |
| 2022 | 158,688 | 279,094 | −120,406 | -1.0 | 66% |
| 2023 | 270,261 | 220,860 | 49,401 | 1.4 | 67% |
In its most recent public year (2023), this organization brought in $49,401 more than it spent. Its reserves stood at about 1.4 months of spending, down from 3.6 in 2011. Staff pay was 67% of spending. $19,000 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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