Madison Interfaith Residential Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,049,743 | 801,956 | 247,787 | 1.6 | 0% |
| 2022 | 2,322,788 | 831,268 | 1,491,520 | 23.1 | 0% |
| 2023 | 840,688 | 974,671 | −133,983 | 18.0 | 0% |
In its most recent public year (2023), this organization spent $133,983 more than it brought in. Its reserves stood at about 18 months of spending, up from 1.6 in 2021. 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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