Mission Economic Development Agency
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,054,706 | 3,527,213 | 527,493 | 11.9 | 42% |
| 2012 | 4,424,924 | 4,579,288 | −154,364 | 8.7 | 38% |
| 2013 | 8,599,484 | 8,017,341 | 582,143 | 5.9 | 37% |
| 2014 | 10,014,216 | 9,790,944 | 223,272 | 5.1 | 43% |
| 2015 | 10,425,143 | 8,999,844 | 1,425,299 | 7.4 | 44% |
| 2016 | 12,734,054 | 9,514,062 | 3,219,992 | 7.9 | 44% |
| 2017 | 12,297,214 | 11,132,092 | 1,165,122 | 8.1 | 40% |
| 2018 | 12,764,815 | 14,696,142 | −1,931,327 | 4.5 | 37% |
| 2019 | 19,512,957 | 17,532,930 | 1,980,027 | 5.1 | 35% |
| 2020 | 27,796,380 | 20,429,250 | 7,367,130 | 8.7 | 32% |
| 2021 | 20,206,962 | 22,929,222 | −2,722,260 | 6.4 | 33% |
| 2022 | 26,896,587 | 23,943,298 | 2,953,289 | 8.4 | 35% |
| 2023 | 26,474,112 | 31,693,130 | −5,219,018 | 4.7 | 32% |
In its most recent public year (2023), this organization spent $5,219,018 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 11.9 in 2011. Staff pay was 32% of spending. $9,610,487 of its net assets are donor-restricted.
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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