M & M Day Care Center Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 258,690 | 240,352 | 18,338 | 1.4 | 64% |
| 2022 | 356,781 | 308,499 | 48,282 | 3.0 | 65% |
| 2023 | 284,011 | 283,837 | 174 | 3.2 | 68% |
| 2024 | 241,022 | 271,932 | −30,910 | 2.0 | 69% |
In its most recent public year (2024), this organization spent $30,910 more than it brought in. Its reserves stood at about 2 months of spending. Staff pay was 69% 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 2024. 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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