Operating record

Mt Olive Community Outreach Center Inc

Albany, GA · EIN 58-2000635 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$2,243,000$2,252,604−$9,60420.023%
2021$2,935,637$2,981,351−$45,71414.924%
2022$3,437,718$3,550,567−$112,84912.128%
2023$3,887,992$3,826,163$61,82911.529%

In its most recent public year (2023), this organization brought in $61,829 more than it spent. Its reserves stood at about 11.5 months of spending, down from 20 in 2020. Staff pay was 29% of spending. $2,216,028 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 ↗