Nicole Megaloudis Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,534 | 9,519 | 4,015 | 255.4 | — |
| 2021 | 39,250 | 10,358 | 28,892 | 268.2 | — |
| 2022 | 50,628 | 32,214 | 18,414 | 93.1 | — |
| 2023 | 6,832 | 9,094 | −2,262 | 326.8 | — |
In its most recent public year (2023), this organization spent $2,262 more than it brought in. Its reserves stood at about 326.8 months of spending, up from 255.4 in 2020.
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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