Martin Luther King Neighborhood Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 130,297 | 121,541 | 8,756 | 16.9 | — |
| 2009 | 93,161 | 91,079 | 2,082 | 22.9 | — |
| 2011 | 114,554 | 75,000 | 39,554 | 0.0 | 0% |
| 2012 | 37,421 | 66,284 | −28,863 | 74.0 | — |
| 2013 | 372,585 | 61,773 | 310,812 | 139.7 | 0% |
| 2022 | 69,947 | 96,750 | −26,803 | 28.4 | — |
| 2023 | 67,730 | 121,147 | −53,417 | 17.4 | — |
In its most recent public year (2023), this organization spent $53,417 more than it brought in. Its reserves stood at about 17.4 months 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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