Micronesia Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 225,690 | 153,831 | 71,859 | 51.2 | 26% |
| 2012 | 3,520 | 201,651 | −198,131 | 27.3 | 48% |
| 2013 | 15,158 | 129,883 | −114,725 | 31.8 | 49% |
| 2014 | 26,682 | 84,106 | −57,424 | 40.5 | 50% |
| 2015 | 46,927 | 130,385 | −83,458 | 18.5 | 57% |
| 2016 | 138,289 | 171,698 | −33,409 | 11.7 | 59% |
| 2017 | 296,035 | 555,253 | −259,218 | -2.0 | 34% |
| 2018 | 120,967 | 110,066 | 10,901 | -8.8 | 76% |
| 2021 | 51,698 | 72,344 | −20,646 | 58.8 | 70% |
| 2022 | 70,428 | 74,184 | −3,756 | 60.4 | 90% |
In its most recent public year (2022), this organization spent $3,756 more than it brought in. Its reserves stood at about 60.4 months of spending, up from 51.2 in 2011. Staff pay was 90% of spending. $63,417 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 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
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