Mrfc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 74,550 | 45,769 | 28,781 | 7.5 | — |
| 2017 | 192,968 | 146,274 | 46,694 | 6.2 | — |
| 2018 | 117,410 | 89,633 | 27,777 | 13.8 | — |
| 2019 | 119,434 | 130,252 | −10,818 | 8.5 | — |
| 2020 | 4,644 | 24,464 | −19,820 | 35.6 | — |
| 2021 | 80,172 | 64,532 | 15,640 | 16.4 | — |
| 2022 | 84,311 | 79,274 | 5,037 | 14.1 | — |
| 2023 | 61,993 | 64,139 | −2,146 | 17.1 | — |
In its most recent public year (2023), this organization spent $2,146 more than it brought in. Its reserves stood at about 17.1 months of spending, up from 7.5 in 2016.
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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