Madam Walker Building Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,442,820 | 149,600 | 5,293,220 | 424.6 | 0% |
| 2022 | 101,000 | 649,567 | −548,567 | 82.9 | 0% |
| 2023 | 101,017 | 683,086 | −582,069 | 68.6 | 0% |
In its most recent public year (2023), this organization spent $582,069 more than it brought in. Its reserves stood at about 68.6 months of spending, down from 424.6 in 2021. Staff pay was 0% 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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