Millennium Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,625,294 | 3,678,312 | −53,018 | 2.8 | 52% |
| 2012 | 3,612,621 | 3,695,643 | −83,022 | 2.5 | 51% |
| 2013 | 3,793,932 | 4,065,971 | −272,039 | 1.5 | 55% |
| 2014 | 4,161,773 | 4,176,088 | −14,315 | 1.4 | 51% |
| 2015 | 5,018,737 | 4,774,500 | 244,237 | 0.0 | 52% |
| 2016 | 5,477,105 | 5,381,475 | 95,630 | 0.2 | 53% |
| 2017 | 6,233,538 | 6,263,842 | −30,304 | 1.0 | 53% |
| 2018 | 7,200,621 | 7,619,439 | −418,818 | -11.0 | 50% |
| 2019 | 7,502,080 | 7,535,708 | −33,628 | -11.1 | 51% |
| 2020 | 7,385,518 | 7,704,746 | −319,228 | -11.4 | 50% |
| 2021 | 7,675,504 | 7,560,514 | 114,990 | -11.4 | 53% |
| 2022 | 8,540,649 | 6,999,808 | 1,540,841 | -9.5 | 53% |
| 2023 | 7,439,334 | 6,374,192 | 1,065,142 | -7.8 | 55% |
In its most recent public year (2023), this organization brought in $1,065,142 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-7.8 months), down from 2.8 in 2011. Staff pay was 55% of spending. $789,586 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
Millennium Education Foundation 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