Mississippi Higher Education Assistance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,513,203 | 7,410,866 | 1,102,337 | 48.9 | 0% |
| 2021 | 7,686,362 | 5,811,312 | 1,875,050 | 66.2 | 0% |
| 2022 | 7,247,326 | 6,296,492 | 950,834 | 63.0 | 0% |
| 2023 | 9,781,341 | 9,009,973 | 771,368 | 45.0 | 0% |
In its most recent public year (2023), this organization brought in $771,368 more than it spent. Its reserves stood at about 45 months of spending, down from 48.9 in 2020. Staff pay was 0% 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 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