Merrimack Valley Immigrant And Education Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 298,039 | 305,368 | −7,329 | 11.2 | 61% |
| 2012 | 315,018 | 348,237 | −33,219 | 8.7 | 64% |
| 2013 | 237,783 | 304,494 | −66,711 | 8.0 | 59% |
| 2014 | 202,824 | 284,229 | −81,405 | 5.4 | 62% |
| 2015 | 99,987 | 194,818 | −94,831 | 2.0 | 60% |
| 2016 | 127,558 | 118,083 | 9,475 | 4.2 | — |
| 2017 | 173,392 | 162,466 | 10,926 | 3.9 | — |
| 2018 | 141,812 | 159,897 | −18,085 | 2.6 | — |
| 2019 | 155,480 | 144,903 | 10,577 | 3.8 | — |
| 2020 | 181,730 | 152,422 | 29,308 | 5.9 | — |
| 2021 | 194,232 | 136,218 | 58,014 | 11.8 | — |
| 2022 | 199,111 | 145,449 | 53,662 | 15.4 | — |
| 2023 | 241,966 | 185,081 | 56,885 | 15.8 | 50% |
| 2024 | 215,055 | 217,828 | −2,773 | 13.3 | 47% |
In its most recent public year (2024), this organization spent $2,773 more than it brought in. Its reserves stood at about 13.3 months of spending, up from 11.2 in 2011. Staff pay was 47% 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 2024. 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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