Utah Association Of Morgage Brokers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,422 | 41,334 | −912 | 2.3 | — |
| 2012 | 33,247 | 27,925 | 5,322 | 5.6 | — |
| 2013 | 27,469 | 30,241 | −2,772 | 4.1 | — |
| 2014 | 45,201 | 30,227 | 14,974 | 10.0 | — |
| 2016 | 43,840 | 36,797 | 7,043 | 10.0 | — |
| 2017 | 23,444 | 37,649 | −14,205 | 5.3 | — |
| 2018 | 52,751 | 33,747 | 19,004 | 12.6 | — |
| 2019 | 55,367 | 35,588 | 19,779 | 18.6 | — |
| 2020 | 6,638 | 10,214 | −3,576 | 60.8 | — |
| 2022 | 75,195 | 28,896 | 46,299 | 67.6 | — |
| 2023 | 28,809 | 34,332 | −5,523 | 55.0 | — |
In its most recent public year (2023), this organization spent $5,523 more than it brought in. Its reserves stood at about 55 months of spending, up from 2.3 in 2011.
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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