Morse High School Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 216,036 | 229,224 | −13,188 | 172.8 | 0% |
| 2021 | 412,054 | 222,305 | 189,749 | 188.5 | 0% |
| 2022 | 401,516 | 230,788 | 170,728 | 190.4 | 0% |
| 2023 | 191,964 | 296,287 | −104,323 | 144.1 | 0% |
| 2024 | 206,395 | 249,958 | −43,563 | 168.7 | 0% |
In its most recent public year (2024), this organization spent $43,563 more than it brought in. Its reserves stood at about 168.7 months of spending, down from 172.8 in 2020. Staff pay was 0% of spending. $257,115 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
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