Municipal Clerks Education Foundation Of I I M C
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 211,561 | 86,449 | 125,112 | 451.4 | 0% |
| 2021 | 520,938 | 96,426 | 424,512 | 472.3 | 0% |
| 2022 | 330,027 | 92,524 | 237,503 | 440.6 | 0% |
| 2023 | 365,958 | 135,530 | 230,428 | 343.3 | 0% |
In its most recent public year (2023), this organization brought in $230,428 more than it spent. Its reserves stood at about 343.3 months of spending, down from 451.4 in 2020. Staff pay was 0% of spending. $1,081,433 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
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