everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Multi-Church Initiative Inc

Minneapolis, MN / EIN 86-1602101 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2022236,580116,656119,924133.613%
2023212,544302,436−89,89248.07%
2024266,006336,389−70,38340.615%

In its most recent public year (2024), this organization spent $70,383 more than it brought in. Its reserves stood at about 40.6 months of spending, down from 133.6 in 2022. Staff pay was 15% 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 2024. 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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