Mccormick Group Employee Benefit Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,226 | 47,118 | −33,892 | 9.2 | — |
| 2012 | 8,092 | 41,608 | −33,516 | 0.7 | — |
| 2013 | 36,269 | 34,249 | 2,020 | 1.6 | — |
| 2014 | 38,948 | 34,521 | 4,427 | 3.1 | — |
| 2015 | 27,830 | 34,548 | −6,718 | 0.8 | — |
| 2016 | 31,000 | 30,571 | 429 | 1.0 | — |
| 2017 | 21,700 | 23,985 | −2,285 | 0.2 | — |
| 2018 | 23,249 | 19,606 | 3,643 | 2.4 | — |
| 2020 | 14,650 | 13,118 | 1,532 | 1.5 | — |
| 2021 | 13,500 | 12,145 | 1,355 | 3.0 | — |
In its most recent public year (2021), this organization brought in $1,355 more than it spent. Its reserves stood at about 3 months of spending, down from 9.2 in 2011.
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 2021. 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
Mccormick Group Employee Benefit Trust's IRS filings as a feed — one entry per filing year, through 2021. 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