Mv Advancements
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,685,688 | 5,417,723 | 267,965 | 7.9 | 59% |
| 2013 | 5,732,716 | 5,638,299 | 94,417 | 7.8 | 60% |
| 2014 | 6,254,136 | 5,691,800 | 562,336 | 8.9 | 60% |
| 2015 | 7,144,922 | 6,305,894 | 839,028 | 9.6 | 59% |
| 2016 | 7,338,043 | 6,507,045 | 830,998 | 10.9 | 61% |
| 2017 | 7,917,840 | 7,026,074 | 891,766 | 11.6 | 62% |
| 2018 | 7,686,290 | 7,411,783 | 274,507 | 9.8 | 59% |
| 2019 | 7,234,435 | 6,835,689 | 398,746 | 11.3 | 62% |
| 2020 | 6,710,254 | 6,421,698 | 288,556 | 12.6 | 62% |
| 2021 | 6,503,945 | 5,316,747 | 1,187,198 | 17.9 | 58% |
| 2022 | 6,552,818 | 6,075,761 | 477,057 | 16.5 | 63% |
| 2023 | 9,361,610 | 8,269,467 | 1,092,143 | 13.7 | 52% |
| 2024 | 8,788,460 | 7,870,671 | 917,789 | 15.9 | 62% |
In its most recent public year (2024), this organization brought in $917,789 more than it spent. Its reserves stood at about 15.9 months of spending, up from 7.9 in 2012. Staff pay was 62% of spending. $550,000 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
Mv Advancements's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works