Memorial Drive Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 21,340 | 165 | 21,175 | 1540.0 | — |
| 2018 | 162,327 | 52,232 | 110,095 | 30.2 | — |
| 2019 | 214,594 | 244,617 | −30,023 | 5.0 | 33% |
| 2020 | 330,788 | 263,422 | 67,366 | 11.1 | 38% |
| 2021 | 448,877 | 390,304 | 58,573 | 13.3 | 28% |
| 2022 | 1,065,029 | 410,511 | 654,518 | 31.7 | 33% |
| 2023 | 830,532 | 715,114 | 115,418 | 20.0 | 11% |
In its most recent public year (2023), this organization brought in $115,418 more than it spent. Its reserves stood at about 20 months of spending, down from 1540 in 2017. Staff pay was 11% of spending. $248,310 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
Memorial Drive Ministries 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