Midway Neighborhood Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 63,862 | 73,770 | −9,908 | 6.7 | — |
| 2021 | 344,010 | 173,453 | 170,557 | 14.5 | 1% |
| 2022 | 151,020 | 360,025 | −209,005 | -0.1 | — |
| 2023 | 20,080 | 420,525 | −400,445 | -11.9 | — |
In its most recent public year (2023), this organization spent $400,445 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.9 months), down from 6.7 in 2020.
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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