Mississippi Action For Community Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 475,154 | 484,844 | −9,690 | 19.1 | 14% |
| 2020 | 488,471 | 489,811 | −1,340 | 22.4 | 55% |
| 2021 | 634,845 | 627,124 | 7,721 | 17.5 | 37% |
| 2022 | 357,193 | 385,387 | −28,194 | 29.3 | 15% |
In its most recent public year (2022), this organization spent $28,194 more than it brought in. Its reserves stood at about 29.3 months of spending, up from 19.1 in 2019. Staff pay was 15% 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 2022. 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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