Mississippi Business Finance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,066,046 | 1,138,734 | −72,688 | 168.2 | 43% |
| 2013 | 1,330,029 | 1,181,569 | 148,460 | 163.6 | 43% |
| 2014 | 1,479,673 | 1,140,561 | 339,112 | 173.1 | 41% |
| 2015 | 1,197,356 | 1,110,129 | 87,227 | 169.0 | 41% |
| 2017 | 901,103 | 1,017,403 | −116,300 | 184.0 | 56% |
| 2018 | 1,051,811 | 1,032,040 | 19,771 | 181.3 | 54% |
| 2019 | 1,550,428 | 986,128 | 564,300 | 196.7 | 57% |
| 2020 | 1,337,915 | 978,047 | 359,868 | 202.7 | 59% |
| 2021 | 1,037,330 | 935,032 | 102,298 | 213.3 | 62% |
| 2022 | 236,406 | 878,188 | −641,782 | 218.4 | 60% |
| 2023 | 1,216,373 | 773,640 | 442,733 | 254.8 | 49% |
In its most recent public year (2023), this organization brought in $442,733 more than it spent. Its reserves stood at about 254.8 months of spending, up from 168.2 in 2012. Staff pay was 49% 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
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