Mississippi Society Of Certified Public Accountants
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,092,582 | 1,231,845 | −139,263 | 11.2 | 34% |
| 2021 | 1,608,438 | 1,301,859 | 306,579 | 13.5 | 34% |
| 2022 | 1,524,803 | 1,348,807 | 175,996 | 14.6 | 33% |
| 2023 | 1,410,821 | 1,439,698 | −28,877 | 13.4 | 32% |
In its most recent public year (2023), this organization spent $28,877 more than it brought in. Its reserves stood at about 13.4 months of spending, up from 11.2 in 2020. Staff pay was 32% of spending. $14,688 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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