Missionary Aviation Repair Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,812,748 | 1,313,191 | 499,557 | 18.3 | 59% |
| 2021 | 2,522,941 | 2,416,775 | 106,166 | 10.5 | 58% |
| 2022 | 3,975,454 | 2,844,058 | 1,131,396 | 13.4 | 50% |
| 2023 | 3,221,809 | 3,299,745 | −77,936 | 11.2 | 45% |
In its most recent public year (2023), this organization spent $77,936 more than it brought in. Its reserves stood at about 11.2 months of spending, down from 18.3 in 2020. Staff pay was 45% 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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