Municipal Shared Services Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 496,439 | 232,229 | 264,210 | 13.7 | 0% |
| 2020 | 35,486 | 231,385 | −195,899 | 3.5 | — |
| 2021 | 4,040 | 92,495 | −88,455 | -2.6 | — |
| 2022 | 0 | 16,558 | −16,558 | -26.6 | — |
| 2023 | 7,650 | 21,146 | −13,496 | -28.5 | — |
In its most recent public year (2023), this organization spent $13,496 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-28.5 months), down from 13.7 in 2019.
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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