Economic Mobility Pathways Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 11,022,886 | 10,680,415 | 342,471 | 12.3 | 48% |
| 2013 | 9,405,142 | 10,137,174 | −732,032 | 12.9 | 49% |
| 2014 | 9,671,942 | 10,237,028 | −565,086 | 13.0 | 6% |
| 2015 | 10,488,089 | 10,769,805 | −281,716 | 11.9 | 5% |
| 2016 | 10,937,182 | 11,651,761 | −714,579 | 10.1 | 49% |
| 2017 | 10,647,308 | 11,719,559 | −1,072,251 | 9.4 | 49% |
| 2018 | 11,687,803 | 12,092,191 | −404,388 | 8.9 | 49% |
| 2019 | 12,535,125 | 12,789,467 | −254,342 | 8.5 | 49% |
| 2020 | 12,345,550 | 12,854,736 | −509,186 | 7.9 | 50% |
| 2021 | 17,188,156 | 13,071,408 | 4,116,748 | 12.8 | 49% |
| 2022 | 13,825,629 | 14,509,662 | −684,033 | 9.9 | 47% |
| 2023 | 15,034,934 | 16,246,318 | −1,211,384 | 8.5 | 46% |
In its most recent public year (2023), this organization spent $1,211,384 more than it brought in. Its reserves stood at about 8.5 months of spending, down from 12.3 in 2012. Staff pay was 46% of spending. $4,350,976 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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