Mlk Health And Wellness Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 256,809 | 141,412 | 115,397 | 9.8 | 0% |
| 2018 | 231,126 | 125,029 | 106,097 | 21.3 | 0% |
| 2019 | 45,980 | 113,587 | −67,607 | 16.3 | — |
| 2020 | 427,486 | 49,160 | 378,326 | 129.9 | 0% |
| 2021 | 505,570 | 495,739 | 9,831 | 13.1 | 0% |
| 2022 | 353,902 | 84,142 | 269,760 | 115.8 | 0% |
| 2023 | 111,407 | 250,999 | −139,592 | 32.1 | 0% |
In its most recent public year (2023), this organization spent $139,592 more than it brought in. Its reserves stood at about 32.1 months of spending, up from 9.8 in 2017. Staff pay was 0% of spending. $309,521 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
Mlk Health And Wellness Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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