Mill River Collaborative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,173,857 | 2,671,273 | 1,502,584 | 55.9 | 48% |
| 2021 | 3,300,540 | 6,108,150 | −2,807,610 | 16.3 | 20% |
| 2022 | 9,795,378 | 2,954,308 | 6,841,070 | 61.5 | 45% |
| 2023 | 3,762,495 | 4,087,465 | −324,970 | 43.2 | 39% |
In its most recent public year (2023), this organization spent $324,970 more than it brought in. Its reserves stood at about 43.2 months of spending, down from 55.9 in 2020. Staff pay was 39% of spending. $3,376,123 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works