Reaching Maximum Independence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,634,663 | 3,482,638 | 152,025 | 6.2 | 56% |
| 2013 | 3,535,602 | 3,674,450 | −138,848 | 5.5 | 55% |
| 2014 | 3,669,213 | 3,660,238 | 8,975 | 5.6 | 58% |
| 2015 | 3,741,099 | 3,689,420 | 51,679 | 5.6 | 58% |
| 2016 | 3,964,064 | 3,844,632 | 119,432 | 5.7 | 51% |
| 2017 | 4,204,340 | 4,093,925 | 110,415 | 5.8 | 44% |
| 2018 | 4,853,889 | 4,720,816 | 133,073 | 5.4 | 51% |
| 2019 | 5,054,564 | 4,980,682 | 73,882 | 5.3 | 54% |
| 2020 | 5,487,191 | 5,411,252 | 75,939 | 5.0 | 56% |
| 2022 | 6,666,818 | 5,413,069 | 1,253,749 | 9.4 | 54% |
In its most recent public year (2022), this organization brought in $1,253,749 more than it spent. Its reserves stood at about 9.4 months of spending, up from 6.2 in 2012. Staff pay was 54% of spending. $428,001 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
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