Metropolitan Community And Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 33,754 | 35,156 | −1,402 | 63.1 | 0% |
| 2020 | 38,649 | 37,396 | 1,253 | 59.7 | 0% |
| 2021 | 39,899 | 31,948 | 7,951 | 86.1 | 0% |
| 2022 | 30,528 | 80,381 | −49,853 | 0.8 | 0% |
| 2023 | 36,958 | 67,786 | −30,828 | -2.9 | 0% |
In its most recent public year (2023), this organization spent $30,828 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.9 months), down from 63.1 in 2019. Staff pay was 0% 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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