Mpower Project Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 163,597 | 40,555 | 123,042 | 38.7 | — |
| 2019 | 134,828 | 245,716 | −110,888 | 1.0 | — |
| 2020 | 0 | 30,636 | −30,636 | -4.2 | — |
| 2021 | 0 | 15,800 | −15,800 | -20.2 | — |
| 2022 | 4,500 | 3,700 | 800 | -83.7 | — |
| 2023 | 10,000 | 30,694 | −20,694 | -18.2 | — |
In its most recent public year (2023), this organization spent $20,694 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-18.2 months), down from 38.7 in 2018.
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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