Mennonite Home Of Albany Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 30,115,303 | 31,354,170 | −1,238,867 | 15.4 | 42% |
| 2021 | 34,341,326 | 32,804,396 | 1,536,930 | 15.7 | 41% |
| 2022 | 28,368,567 | 29,678,413 | −1,309,846 | 15.7 | 40% |
| 2023 | 28,938,633 | 30,015,738 | −1,077,105 | 15.4 | 39% |
In its most recent public year (2023), this organization spent $1,077,105 more than it brought in. Its reserves stood at about 15.4 months of spending. Staff pay was 39% 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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