Motor Carrier Insurance Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 171,370 | 105,804 | 65,566 | 7.4 | — |
| 2014 | 245,226 | 197,645 | 47,581 | 6.9 | 0% |
| 2015 | 317,530 | 295,956 | 21,574 | 5.5 | 0% |
| 2016 | 412,867 | 313,612 | 99,255 | 9.0 | 0% |
| 2017 | 508,738 | 384,856 | 123,882 | 11.2 | 0% |
| 2018 | 583,662 | 551,313 | 32,349 | 8.5 | 0% |
| 2019 | 838,880 | 578,401 | 260,479 | 13.5 | 0% |
| 2020 | 689,403 | 445,508 | 243,895 | 24.1 | 0% |
| 2021 | 870,868 | 798,597 | 72,271 | 14.8 | 0% |
| 2022 | 1,295,178 | 1,040,611 | 254,567 | 14.3 | 0% |
| 2023 | 1,560,312 | 1,622,146 | −61,834 | 8.7 | 0% |
In its most recent public year (2023), this organization spent $61,834 more than it brought in. Its reserves stood at about 8.7 months of spending, up from 7.4 in 2013. Staff pay was 0% of spending. $8,992 of its net assets are donor-restricted.
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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