Mgm Community Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 419,434 | 398,144 | 21,290 | 0.9 | 74% |
| 2020 | 498,377 | 620,915 | −122,538 | -1.7 | 74% |
| 2021 | 564,869 | 630,271 | −65,402 | -2.9 | 79% |
| 2022 | 452,379 | 658,939 | −206,560 | -6.6 | 73% |
| 2023 | 576,583 | 718,688 | −142,105 | -8.4 | 74% |
In its most recent public year (2023), this organization spent $142,105 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.4 months), down from 0.9 in 2019. Staff pay was 74% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works