Mid-Peninsula Education Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,134,465 | 3,818,707 | 1,315,758 | 32.5 | 53% |
| 2012 | 3,706,439 | 3,896,477 | −190,038 | 31.2 | 55% |
| 2013 | 4,183,349 | 3,979,530 | 203,819 | 31.2 | 54% |
| 2014 | 4,228,331 | 3,984,087 | 244,244 | 31.9 | 54% |
| 2015 | 3,112,759 | 4,020,286 | −907,527 | 28.9 | 51% |
| 2016 | 3,448,120 | 4,116,384 | −668,264 | 26.3 | 52% |
| 2017 | 4,421,730 | 4,439,500 | −17,770 | 24.3 | 52% |
| 2018 | 4,787,817 | 4,358,943 | 428,874 | 25.9 | 54% |
| 2019 | 5,010,491 | 4,730,372 | 280,119 | 24.6 | 53% |
| 2020 | 5,345,075 | 5,128,074 | 217,001 | 23.2 | 58% |
| 2021 | 8,750,949 | 5,507,123 | 3,243,826 | 28.7 | 57% |
| 2022 | 6,897,940 | 6,249,157 | 648,783 | 23.7 | 57% |
| 2023 | 5,777,180 | 6,503,844 | −726,664 | 24.0 | 55% |
In its most recent public year (2023), this organization spent $726,664 more than it brought in. Its reserves stood at about 24 months of spending, down from 32.5 in 2011. Staff pay was 55% of spending. $6,675,461 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
Mid-Peninsula Education Center Inc's IRS filings as a feed — one entry per filing year, through 2023. 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