Mentors Of Minorities In Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 521,292 | 349,531 | 171,761 | 16.6 | 53% |
| 2011 | 288,134 | 341,723 | −53,589 | 15.1 | 55% |
| 2012 | 402,466 | 371,493 | 30,973 | 13.3 | 58% |
| 2013 | 687,545 | 433,456 | 254,089 | 18.8 | 55% |
| 2014 | 705,992 | 665,966 | 40,026 | 13.0 | 48% |
| 2015 | 908,440 | 995,640 | −87,200 | 4.1 | 58% |
| 2016 | 838,466 | 910,297 | −71,831 | 2.7 | 53% |
| 2017 | 720,173 | 879,469 | −159,296 | 0.7 | 56% |
| 2018 | 724,647 | 690,011 | 34,636 | 0.6 | 52% |
| 2019 | 467,584 | 451,627 | 15,957 | 1.3 | 53% |
| 2020 | 624,275 | 519,157 | 105,118 | 4.2 | 47% |
| 2021 | 686,272 | 725,512 | −39,240 | 2.2 | 52% |
| 2022 | 939,957 | 1,005,955 | −65,998 | 0.6 | 53% |
| 2023 | 1,223,668 | 1,112,857 | 110,811 | 3.3 | 64% |
In its most recent public year (2023), this organization brought in $110,811 more than it spent. Its reserves stood at about 3.3 months of spending, down from 16.6 in 2010. Staff pay was 64% 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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