Lt Michael P Murphy Usn Memorial Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 97,117 | 12,250 | 84,867 | 232.4 | — |
| 2014 | 280,119 | 25,250 | 254,869 | 233.9 | 0% |
| 2015 | 143,284 | 34,000 | 109,284 | 212.3 | 0% |
| 2016 | 250,845 | 57,000 | 193,845 | 167.4 | 0% |
| 2017 | 158,181 | 136,500 | 21,681 | 71.8 | 0% |
| 2018 | 168,606 | 154,871 | 13,735 | 64.4 | 0% |
| 2019 | 201,483 | 153,500 | 47,983 | 68.7 | 0% |
| 2020 | 210,680 | 164,451 | 46,229 | 67.5 | 0% |
| 2021 | 240,777 | 175,731 | 65,046 | 67.6 | 0% |
| 2022 | 130,867 | 182,275 | −51,408 | 61.8 | 0% |
| 2023 | 183,642 | 178,750 | 4,892 | 63.3 | 0% |
In its most recent public year (2023), this organization brought in $4,892 more than it spent. Its reserves stood at about 63.3 months of spending, down from 232.4 in 2013. Staff pay was 0% of spending. $943,389 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
Lt Michael P Murphy Usn Memorial Scholarship Foundation'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