Arizona Mortgage Lenders Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 103,186 | 141,009 | −37,823 | 12.4 | — |
| 2021 | 250,670 | 239,479 | 11,191 | 7.9 | 29% |
| 2022 | 263,545 | 260,561 | 2,984 | 7.4 | 28% |
| 2023 | 177,000 | 221,854 | −44,854 | 6.2 | — |
In its most recent public year (2023), this organization spent $44,854 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 12.4 in 2020.
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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