Mpower Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 474,462 | 428,786 | 45,676 | 22.7 | 0% |
| 2016 | 889,012 | 1,131,839 | −242,827 | 4.6 | 0% |
| 2017 | 867,330 | 1,099,391 | −232,061 | -0.6 | 0% |
| 2018 | 906,108 | 1,133,749 | −227,641 | -5.6 | 0% |
| 2019 | 903,138 | 1,127,202 | −224,064 | -10.2 | 0% |
| 2020 | 893,738 | 1,100,982 | −207,244 | -15.9 | 0% |
| 2021 | 15,455,194 | 847,412 | 14,607,782 | 182.1 | 0% |
| 2022 | 930,917 | 772,157 | 158,760 | 194.7 | 0% |
| 2023 | 657,001 | 362,618 | 294,383 | 447.4 | 0% |
| 2024 | 632,519 | 343,888 | 288,631 | 463.2 | 0% |
In its most recent public year (2024), this organization brought in $288,631 more than it spent. Its reserves stood at about 463.2 months of spending, up from 22.7 in 2015. 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 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
Mpower Development Corp's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works