Makivik Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,352,022 | 4,995,279 | 3,356,743 | 988.2 | 104% |
| 2021 | 9,515,424 | 4,319,754 | 5,195,670 | 1262.7 | 105% |
| 2022 | 8,137,985 | 3,915,904 | 4,222,081 | 1301.6 | 104% |
| 2023 | 9,289,765 | 1,240,211 | 8,049,554 | 4556.3 | 359% |
In its most recent public year (2023), this organization brought in $8,049,554 more than it spent. Its reserves stood at about 4556.3 months of spending, up from 988.2 in 2020. Staff pay was 359% 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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