Midland Gem & Mineral Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,601 | 39,145 | −22,544 | 174.6 | 0% |
| 2021 | 51,026 | 36,029 | 14,997 | 194.6 | 0% |
| 2022 | 12,962 | 38,530 | −25,568 | 174.0 | 0% |
| 2023 | 44,289 | 40,701 | 3,588 | 165.5 | 0% |
In its most recent public year (2023), this organization brought in $3,588 more than it spent. Its reserves stood at about 165.5 months of spending, down from 174.6 in 2020. Staff pay was 0% of spending. $121,845 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 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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