Mcel United Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,752 | 1,817 | 2,935 | 19.4 | — |
| 2021 | 139,953 | 95,776 | 44,177 | 6.1 | — |
| 2022 | 865,717 | 196,729 | 668,988 | 43.8 | 0% |
In its most recent public year (2022), this organization brought in $668,988 more than it spent. Its reserves stood at about 43.8 months of spending, up from 19.4 in 2020. 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 2022. 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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