Manufacturing Consortium Of Long Island Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 112,576 | 135,137 | −22,561 | -1.8 | — |
| 2021 | 227,162 | 245,066 | −17,904 | -1.9 | 39% |
| 2022 | 191,201 | 203,179 | −11,978 | -2.9 | 42% |
| 2023 | 74,542 | 51,263 | 23,279 | -6.2 | 70% |
In its most recent public year (2023), this organization brought in $23,279 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.2 months), down from -1.8 in 2020. Staff pay was 70% 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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