Cmc Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 268,664 | 89,403 | 179,261 | 24.1 | 46% |
| 2015 | 63,957 | 67,384 | −3,427 | 31.3 | — |
| 2016 | 65,861 | 137,160 | −71,299 | 9.1 | — |
| 2017 | 186,385 | 161,829 | 24,556 | 9.6 | — |
| 2018 | 188,002 | 168,825 | 19,177 | 10.5 | 37% |
| 2019 | 184,405 | 182,075 | 2,330 | 9.9 | — |
| 2020 | 224,972 | 229,601 | −4,629 | 7.3 | 76% |
| 2021 | 262,647 | 223,310 | 39,337 | 9.6 | 63% |
| 2022 | 279,261 | 294,506 | −15,245 | 6.7 | 54% |
| 2023 | 278,320 | 364,053 | −85,733 | 2.6 | 51% |
In its most recent public year (2023), this organization spent $85,733 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 24.1 in 2014. Staff pay was 51% 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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