Mit Real Estate Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 29,000 | 43,000 | −14,000 | 1748.7 | 0% |
| 2012 | −2,336,000 | 2,334,000 | −4,670,000 | 8.2 | 0% |
| 2013 | 6,182,000 | 561,000 | 5,621,000 | 154.8 | 0% |
| 2014 | −19,000 | 2,988,000 | −3,007,000 | 17.0 | 0% |
| 2015 | 3,000 | 3,000 | 0 | 16660.0 | 0% |
| 2016 | 1,315,000 | 1,315,000 | 0 | 37.2 | 0% |
| 2017 | 4,000 | 4,000 | 0 | 12390.0 | 0% |
| 2018 | 1,203,000 | 3,887,000 | −2,684,000 | 3.2 | 0% |
| 2019 | 8,000 | 8,000 | 0 | 1549.5 | 0% |
| 2020 | 3,315,000 | 40,000 | 3,275,000 | 1342.5 | 0% |
| 2021 | −155,000 | 1,643,000 | −1,798,000 | 23.2 | 0% |
| 2022 | 6,016,000 | 102,000 | 5,914,000 | 1035.3 | 0% |
| 2023 | −1,595,000 | 4,389,000 | −5,984,000 | 7.7 | 0% |
In its most recent public year (2023), this organization spent $5,984,000 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 1748.7 in 2011. 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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