Tennessee Valley Center For Minority Economic Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,636 | 9,470 | 1,166 | 499.2 | 0% |
| 2012 | 9,934 | 10,287 | −353 | 459.2 | 0% |
| 2013 | 21,457 | 24,031 | −2,574 | 195.3 | 0% |
| 2014 | 21,231 | 41,233 | −20,002 | 105.3 | 0% |
| 2015 | −2,970 | 20,423 | −23,393 | 198.9 | 0% |
| 2016 | 654 | 6,275 | −5,621 | 636.6 | 0% |
| 2017 | 7,770 | 40,415 | −32,645 | 87.8 | 0% |
| 2018 | 2,948 | 6,083 | −3,135 | 374.1 | 0% |
| 2019 | 2,577 | 6,100 | −3,523 | 366.2 | 0% |
| 2020 | 2,032 | 5,840 | −3,808 | 374.9 | 0% |
| 2021 | 6,319 | 5,817 | 502 | 377.5 | 0% |
| 2022 | 15 | 5,830 | −5,815 | 364.6 | 0% |
| 2023 | 8 | 15,937 | −15,929 | 121.4 | 0% |
In its most recent public year (2023), this organization spent $15,929 more than it brought in. Its reserves stood at about 121.4 months of spending, down from 499.2 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 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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