Memphis Area Minority Contractors Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 84,977 | 88,335 | −3,358 | 1.1 | — |
| 2017 | 182,543 | 89,907 | 92,636 | 13.5 | — |
| 2018 | 144,534 | 122,904 | 21,630 | 12.0 | — |
| 2019 | 65,600 | 139,226 | −73,626 | 4.2 | — |
| 2020 | 166,316 | 188,744 | −22,428 | 2.0 | — |
| 2021 | 132,801 | 108,140 | 24,661 | 6.2 | — |
| 2022 | 104,669 | 121,099 | −16,430 | 2.3 | — |
| 2023 | 148,140 | 141,017 | 7,123 | 2.6 | — |
In its most recent public year (2023), this organization brought in $7,123 more than it spent. Its reserves stood at about 2.6 months of spending, up from 1.1 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
Memphis Area Minority Contractors Association Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works