M3 Insurance Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 339,993 | 337,840 | 2,153 | 18.5 | 0% |
| 2021 | 386,523 | 213,601 | 172,922 | 26.4 | 0% |
| 2022 | 457,888 | 527,724 | −69,836 | 8.3 | 0% |
| 2023 | 479,213 | 328,713 | 150,500 | 16.9 | 0% |
In its most recent public year (2023), this organization brought in $150,500 more than it spent. Its reserves stood at about 16.9 months of spending, down from 18.5 in 2020. 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 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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