Mi Centro
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 955,283 | 742,910 | 212,373 | 29.2 | 37% |
| 2021 | 3,722,178 | 3,571,290 | 150,888 | 6.6 | 11% |
| 2022 | 6,367,223 | 6,319,587 | 47,636 | 3.8 | 7% |
| 2023 | 3,267,128 | 3,213,277 | 53,851 | 7.7 | 14% |
In its most recent public year (2023), this organization brought in $53,851 more than it spent. Its reserves stood at about 7.7 months of spending, down from 29.2 in 2020. Staff pay was 14% of spending. $25,674 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 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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