Nmi Community Developments Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 370,136 | 325 | 369,811 | 13766.6 | 0% |
| 2019 | 386,249 | 2,700 | 383,549 | 3361.8 | 0% |
| 2020 | 408,885 | 3,949 | 404,936 | 3529.0 | 0% |
| 2021 | 496,734 | 75,603 | 421,131 | 251.2 | 0% |
| 2022 | 355,520 | 78,432 | 277,088 | 284.5 | 0% |
| 2023 | 0 | 78,558 | −78,558 | 272.0 | 0% |
In its most recent public year (2023), this organization spent $78,558 more than it brought in. Its reserves stood at about 272 months of spending, down from 13766.6 in 2018. 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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