Mirae Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,000 | 0 | 5,000 | — | — |
| 2013 | 42,171 | 13,643 | 28,528 | 2.3 | 0% |
| 2014 | 2,000 | 6,947 | −4,947 | 1.3 | 0% |
| 2015 | 12,083 | 8,667 | 3,416 | 5.8 | 0% |
| 2016 | 75,990 | 92,209 | −16,219 | 0.3 | 0% |
| 2017 | 37,083 | 22,016 | 15,067 | 9.4 | 0% |
| 2018 | 4,602 | 8,210 | −3,608 | 20.0 | 0% |
| 2019 | 13,049 | 10,659 | 2,390 | 18.1 | 0% |
| 2020 | 1,000 | 2,564 | −1,564 | 68.0 | — |
| 2021 | 500 | 1,534 | −1,034 | 105.5 | — |
| 2022 | 0 | 949 | −949 | 158.5 | — |
| 2023 | 0 | 1,650 | −1,650 | 79.2 | — |
In its most recent public year (2023), this organization spent $1,650 more than it brought in. Its reserves stood at about 79.2 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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