Minority Millennials
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 44,069 | 34,231 | 9,838 | 3.9 | — |
| 2022 | 123,490 | 119,910 | 3,580 | 1.5 | — |
| 2023 | 374,942 | 386,275 | −11,333 | 0.1 | 8% |
In its most recent public year (2023), this organization spent $11,333 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 3.9 in 2021. Staff pay was 8% 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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