Memphis Area Legal Services Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,693,559 | 3,504,663 | 188,896 | 2.4 | 65% |
| 2012 | 3,299,997 | 3,287,531 | 12,466 | 2.7 | 65% |
| 2013 | 3,453,957 | 3,189,683 | 264,274 | 3.7 | 64% |
| 2014 | 3,771,825 | 3,648,039 | 123,786 | 3.7 | 59% |
| 2015 | 3,524,844 | 3,862,179 | −337,335 | 2.4 | 61% |
| 2016 | 3,936,347 | 3,971,671 | −35,324 | 2.2 | 61% |
| 2017 | 3,909,209 | 3,816,937 | 92,272 | 2.6 | 62% |
| 2018 | 4,508,476 | 4,353,500 | 154,976 | 2.7 | 63% |
| 2019 | 4,225,568 | 4,556,127 | −330,559 | 1.7 | 64% |
| 2020 | 4,787,632 | 4,131,699 | 655,933 | 3.8 | 66% |
| 2021 | 4,149,468 | 4,276,391 | −126,923 | 3.3 | 65% |
| 2022 | 3,723,052 | 3,206,496 | 516,556 | 6.4 | 63% |
| 2023 | 4,783,408 | 4,253,348 | 530,060 | 6.3 | 56% |
In its most recent public year (2023), this organization brought in $530,060 more than it spent. Its reserves stood at about 6.3 months of spending, up from 2.4 in 2011. Staff pay was 56% of spending. $123,997 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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