Mid Cities Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,359,348 | 2,101,907 | 257,441 | 17.3 | 64% |
| 2012 | 2,252,665 | 2,157,971 | 94,694 | 17.4 | 67% |
| 2013 | 2,415,964 | 2,340,684 | 75,280 | 16.4 | 67% |
| 2014 | 2,468,395 | 2,411,265 | 57,130 | 16.2 | 69% |
| 2015 | 2,687,479 | 2,534,074 | 153,405 | 16.1 | 68% |
| 2016 | 2,940,954 | 2,695,938 | 245,016 | 16.3 | 68% |
| 2017 | 3,122,387 | 2,951,840 | 170,547 | 15.5 | 69% |
| 2018 | 2,952,947 | 2,975,715 | −22,768 | 15.3 | 70% |
| 2019 | 3,201,377 | 3,126,751 | 74,626 | 14.9 | 68% |
| 2020 | 3,543,782 | 3,389,746 | 154,036 | 14.3 | 66% |
| 2021 | 3,393,583 | 3,440,135 | −46,552 | 13.9 | 68% |
| 2022 | 3,061,807 | 3,436,570 | −374,763 | 12.6 | 69% |
| 2023 | 3,314,890 | 3,378,301 | −63,411 | 12.6 | 68% |
In its most recent public year (2023), this organization spent $63,411 more than it brought in. Its reserves stood at about 12.6 months of spending, down from 17.3 in 2011. Staff pay was 68% of spending. $3,270,440 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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