Mission 514 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 173,068 | 113,123 | 59,945 | 7.7 | 44% |
| 2022 | 173,063 | 147,134 | 25,929 | 8.0 | 50% |
| 2023 | 211,885 | 203,248 | 8,637 | 6.3 | 49% |
In its most recent public year (2023), this organization brought in $8,637 more than it spent. Its reserves stood at about 6.3 months of spending, down from 7.7 in 2021. Staff pay was 49% 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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