Mill Creek Business Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 71,360 | 74,168 | −2,808 | 12.8 | — |
| 2021 | 73,573 | 73,402 | 171 | 13.0 | — |
| 2022 | 154,095 | 86,521 | 67,574 | 20.4 | 0% |
| 2023 | 112,707 | 134,308 | −21,601 | 11.2 | 0% |
In its most recent public year (2023), this organization spent $21,601 more than it brought in. Its reserves stood at about 11.2 months of spending, down from 12.8 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 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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