Missouri Property Insurance Placement Facility
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,661,998 | 1,893,602 | −231,604 | -5.3 | 22% |
| 2021 | 1,781,127 | 1,536,009 | 245,118 | -6.0 | 28% |
| 2022 | 1,713,808 | 1,746,278 | −32,470 | -0.1 | 24% |
| 2023 | 2,011,705 | 2,784,211 | −772,506 | -3.1 | 15% |
In its most recent public year (2023), this organization spent $772,506 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.1 months), up from -5.3 in 2020. Staff pay was 15% of spending.
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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