Black Men Of Greater Springfield Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 56,250 | 50,425 | 5,825 | 6.6 | — |
| 2012 | 36,767 | 43,437 | −6,670 | 0.4 | — |
| 2013 | 28,380 | 31,350 | −2,970 | 0.0 | — |
| 2014 | 36,456 | 30,727 | 5,729 | 2.6 | — |
| 2015 | 118,400 | 142,149 | −23,749 | 7.0 | — |
| 2016 | 257,132 | 126,118 | 131,014 | 10.2 | — |
| 2017 | 42,800 | 53,050 | −10,250 | 21.9 | — |
| 2018 | 66,400 | 70,992 | −4,592 | 15.6 | — |
| 2019 | 64,275 | 67,316 | −3,041 | 15.9 | — |
| 2020 | 64,105 | 25,045 | 39,060 | 61.5 | — |
| 2021 | 48,357 | 66,390 | −18,033 | 20.0 | — |
| 2022 | 103,000 | 112,223 | −9,223 | 10.8 | — |
| 2023 | 24,050 | 81,406 | −57,356 | 6.5 | — |
In its most recent public year (2023), this organization spent $57,356 more than it brought in. Its reserves stood at about 6.5 months 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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