Multi-Ethnic Business Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 234,302 | 210,637 | 23,665 | 4.9 | 80% |
| 2022 | 311,336 | 267,710 | 43,626 | 5.8 | 64% |
| 2023 | 2,362,298 | 2,209,266 | 153,032 | 1.5 | 14% |
In its most recent public year (2023), this organization brought in $153,032 more than it spent. Its reserves stood at about 1.5 months of spending, down from 4.9 in 2021. Staff pay was 14% 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
Multi-Ethnic Business Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works