Midtown Neighborhood Opportunities Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 395,008 | 253,029 | 141,979 | 6.7 | 64% |
| 2018 | 278,378 | 315,001 | −36,623 | 4.0 | 15% |
| 2019 | 463,301 | 385,324 | 77,977 | 5.7 | 56% |
| 2020 | 651,322 | 381,340 | 269,982 | 14.2 | 56% |
| 2021 | 517,020 | 445,954 | 71,066 | 14.0 | 54% |
| 2022 | 766,733 | 571,906 | 194,827 | 15.0 | 55% |
| 2023 | 573,457 | 608,175 | −34,718 | 13.4 | 54% |
In its most recent public year (2023), this organization spent $34,718 more than it brought in. Its reserves stood at about 13.4 months of spending. Staff pay was 54% 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
Midtown Neighborhood Opportunities 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