Maharat For Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 330,675 | 303,826 | 26,849 | 1.2 | 0% |
| 2021 | 486,796 | 492,038 | −5,242 | 0.6 | 0% |
| 2022 | 561,387 | 586,169 | −24,782 | -0.0 | 0% |
| 2023 | 76,667 | 249,065 | −172,398 | -8.3 | 0% |
In its most recent public year (2023), this organization spent $172,398 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.3 months), down from 1.2 in 2020. Staff pay was 0% 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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