Micronesian Islander Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,639,341 | 775,979 | 863,362 | 13.4 | 23% |
| 2022 | 2,179,997 | 800,593 | 1,379,404 | 33.6 | 27% |
| 2023 | 1,022,223 | 1,080,287 | −58,064 | 24.3 | 32% |
| 2024 | 2,123,393 | 1,503,075 | 620,318 | 22.4 | 34% |
In its most recent public year (2024), this organization brought in $620,318 more than it spent. Its reserves stood at about 22.4 months of spending, up from 13.4 in 2021. Staff pay was 34% of spending. $1,782,557 of its net assets are donor-restricted.
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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