Mgvp Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 994,151 | 922,455 | 71,696 | 2.8 | 32% |
| 2012 | 1,311,205 | 939,419 | 371,786 | 5.9 | 22% |
| 2013 | 1,102,387 | 1,172,907 | −70,520 | 4.0 | 26% |
| 2014 | 1,195,539 | 1,358,037 | −162,498 | 2.0 | 26% |
| 2015 | 1,170,729 | 1,205,866 | −35,137 | 1.9 | 34% |
| 2016 | 1,343,659 | 1,549,564 | −205,905 | -0.2 | 35% |
| 2017 | 1,588,763 | 1,628,799 | −40,036 | -0.5 | 27% |
| 2018 | 2,021,932 | 1,563,146 | 458,786 | 3.0 | 29% |
| 2019 | 1,541,669 | 1,548,597 | −6,928 | 3.0 | 34% |
| 2020 | 1,741,646 | 1,429,483 | 312,163 | 5.8 | 39% |
| 2021 | 1,905,910 | 1,528,069 | 377,841 | 8.4 | 40% |
| 2022 | 2,025,074 | 1,648,514 | 376,560 | 10.5 | 41% |
| 2023 | 2,175,931 | 2,015,454 | 160,477 | 9.6 | 42% |
In its most recent public year (2023), this organization brought in $160,477 more than it spent. Its reserves stood at about 9.6 months of spending, up from 2.8 in 2011. Staff pay was 42% of spending. $1,576,471 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
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