Ethiopian & Ethiopian American Mutual Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 82,523 | 1,175 | 81,348 | 830.8 | — |
| 2018 | 86,499 | 11,866 | 74,633 | 75.5 | — |
| 2019 | 79,651 | 12,776 | 66,875 | 62.8 | — |
| 2020 | 96,811 | 21,597 | 75,214 | 41.8 | — |
| 2021 | 81,577 | 15,994 | 65,583 | 49.2 | — |
| 2022 | 12,080 | 586 | 11,494 | 1905.3 | — |
In its most recent public year (2022), this organization brought in $11,494 more than it spent. Its reserves stood at about 1905.3 months of spending, up from 830.8 in 2017.
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 2022. 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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