Houston Minority Business Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,333,371 | 1,314,536 | 18,835 | 3.3 | 35% |
| 2012 | 1,263,629 | 1,126,212 | 137,417 | 5.4 | 41% |
| 2013 | 1,438,933 | 1,396,756 | 42,177 | 4.7 | 38% |
| 2014 | 1,313,021 | 1,336,366 | −23,345 | 4.7 | 39% |
| 2015 | 1,341,736 | 1,397,022 | −55,286 | 3.8 | 40% |
| 2016 | 1,266,515 | 1,471,770 | −205,255 | 1.9 | 30% |
| 2017 | 1,368,197 | 1,378,230 | −10,033 | 2.0 | 32% |
| 2018 | 1,337,409 | 1,306,733 | 30,676 | 2.4 | 32% |
| 2019 | 1,196,326 | 1,357,639 | −161,313 | 0.7 | 39% |
| 2020 | 1,212,621 | 1,042,781 | 169,840 | 2.7 | 46% |
| 2021 | 1,445,202 | 1,123,349 | 321,853 | 6.0 | 58% |
| 2022 | 1,744,261 | 1,342,000 | 402,261 | 8.5 | 44% |
| 2023 | 2,410,388 | 2,270,779 | 139,609 | 5.7 | 29% |
In its most recent public year (2023), this organization brought in $139,609 more than it spent. Its reserves stood at about 5.7 months of spending, up from 3.3 in 2011. Staff pay was 29% 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 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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