Micronesian Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,302 | 44,646 | −1,344 | 1.1 | — |
| 2012 | 55,904 | 57,502 | −1,598 | 0.5 | — |
| 2013 | 68,101 | 68,730 | −629 | 0.3 | — |
| 2014 | 67,154 | 68,574 | −1,420 | 0.1 | — |
| 2015 | 70,092 | 66,459 | 3,633 | 0.8 | — |
| 2016 | 77,740 | 78,096 | −356 | 0.6 | — |
| 2017 | 75,469 | 74,262 | 1,207 | 0.8 | — |
| 2018 | 100,561 | 104,598 | −4,037 | 0.1 | — |
| 2019 | 86,711 | 87,207 | −496 | 0.1 | — |
| 2020 | 81,858 | 77,998 | 3,860 | 0.7 | — |
| 2021 | 102,986 | 94,182 | 8,804 | 1.7 | — |
| 2022 | 108,188 | 109,117 | −929 | 1.4 | — |
In its most recent public year (2022), this organization spent $929 more than it brought in. Its reserves stood at about 1.4 months 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 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
Micronesian Life Ministries Inc's IRS filings as a feed — one entry per filing year, through 2022. 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