Mbl Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 263,881 | 201,293 | 62,588 | -3.1 | 29% |
| 2019 | 319,433 | 120,241 | 199,192 | -6.6 | 0% |
| 2020 | 586,816 | 181,036 | 405,780 | 4.0 | 0% |
| 2021 | 1,400,528 | 585,732 | 814,796 | 13.9 | 0% |
| 2022 | 1,458,044 | 707,031 | 751,013 | 17.5 | 0% |
| 2023 | 969,223 | 376,163 | 593,060 | 25.7 | 0% |
In its most recent public year (2023), this organization brought in $593,060 more than it spent. Its reserves stood at about 25.7 months of spending, up from -3.1 in 2018. Staff pay was 0% of spending. $1,876,831 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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