Microenterprise Development Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,453 | 42,169 | 1,284 | -0.3 | 0% |
| 2012 | 11,305 | 12,575 | −1,270 | -2.4 | 0% |
| 2013 | 12,265 | 11,199 | 1,066 | -1.5 | 0% |
| 2014 | 11,040 | 12,368 | −1,328 | -2.7 | 0% |
| 2015 | 8,206 | 8,139 | 67 | -4.0 | 0% |
| 2016 | 28,777 | 28,804 | −27 | -1.1 | 0% |
| 2017 | 24,509 | 27,897 | −3,388 | -2.6 | 0% |
| 2018 | 17,901 | 12,959 | 4,942 | -1.2 | 0% |
| 2019 | 20,257 | 19,846 | 411 | -1.1 | 0% |
| 2020 | 11,780 | 15,222 | −3,442 | -4.2 | 0% |
In its most recent public year (2020), this organization spent $3,442 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.2 months), down from -0.3 in 2011. 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 2020. 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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