Morgan Adams Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 384,404 | 397,966 | −13,562 | 2.7 | 26% |
| 2011 | 663,811 | 636,372 | 27,439 | 2.3 | 21% |
| 2012 | 933,486 | 978,082 | −44,596 | 1.0 | 16% |
| 2013 | 788,246 | 736,142 | 52,104 | 2.1 | 30% |
| 2014 | 1,000,422 | 927,501 | 72,921 | 2.6 | 30% |
| 2015 | 868,329 | 983,136 | −114,807 | 1.1 | 28% |
| 2016 | 1,036,854 | 993,488 | 43,366 | 1.6 | 38% |
| 2017 | 1,220,813 | 1,338,848 | −118,035 | 0.1 | 31% |
| 2018 | 1,365,710 | 1,244,128 | 121,582 | 1.7 | 33% |
| 2019 | 1,381,782 | 1,408,347 | −26,565 | 1.3 | 29% |
| 2020 | 1,480,556 | 1,359,637 | 120,919 | 2.5 | 31% |
| 2021 | 1,762,141 | 1,526,094 | 236,047 | 4.2 | 24% |
| 2022 | 1,963,660 | 1,808,203 | 155,457 | 4.4 | 24% |
| 2023 | 2,071,865 | 2,215,036 | −143,171 | 2.6 | 28% |
In its most recent public year (2023), this organization spent $143,171 more than it brought in. Its reserves stood at about 2.6 months of spending. Staff pay was 28% of spending. $118,576 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
Morgan Adams 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