Southwest Mortgagee Advisory Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 81,553 | 59,504 | 22,049 | 6.0 | — |
| 2013 | 55,375 | 36,650 | 18,725 | 15.8 | — |
| 2014 | 78,923 | 55,873 | 23,050 | 15.3 | — |
| 2015 | 168,675 | 174,369 | −5,694 | 4.5 | — |
| 2016 | 95,825 | 90,364 | 5,461 | 9.5 | — |
| 2017 | 96,175 | 118,342 | −22,167 | 5.0 | — |
| 2018 | 159,260 | 144,717 | 14,543 | 5.3 | — |
| 2019 | 171,002 | 141,357 | 29,645 | 7.9 | — |
| 2020 | 225 | 4,159 | −3,934 | 257.6 | — |
| 2021 | 1,925 | 5,970 | −4,045 | 171.3 | — |
| 2022 | 180,035 | 202,737 | −22,702 | 3.7 | — |
| 2023 | 214,325 | 234,489 | −20,164 | 2.2 | 0% |
In its most recent public year (2023), this organization spent $20,164 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 6 in 2012. 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
Southwest Mortgagee Advisory Council Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works