Glenda G Morgan Charitable Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,343,467 | 541,818 | 801,649 | 393.2 | 6% |
| 2021 | 2,457,241 | 698,843 | 1,758,398 | 323.6 | 9% |
| 2022 | 784,757 | 880,661 | −95,904 | 232.9 | 8% |
| 2023 | 1,182,953 | 730,989 | 451,964 | 298.0 | 9% |
In its most recent public year (2023), this organization brought in $451,964 more than it spent. Its reserves stood at about 298 months of spending, down from 393.2 in 2020. Staff pay was 9% 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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