Morning Cheer Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 7,487,798 | 7,695,676 | −207,878 | 7.9 | 39% |
| 2013 | 7,369,442 | 7,365,659 | 3,783 | 8.3 | 41% |
| 2014 | 7,294,101 | 7,841,142 | −547,041 | 6.9 | 39% |
| 2015 | 7,252,013 | 7,635,621 | −383,608 | 6.5 | 41% |
| 2016 | 7,403,145 | 7,771,169 | −368,024 | 5.8 | 41% |
| 2017 | 7,853,357 | 7,562,346 | 291,011 | 6.4 | 41% |
| 2018 | 7,733,267 | 7,918,276 | −185,009 | 5.9 | 41% |
| 2019 | 8,153,701 | 8,174,101 | −20,400 | 4.5 | 42% |
| 2020 | 7,615,313 | 7,682,124 | −66,811 | 4.7 | 42% |
| 2021 | 4,193,829 | 4,148,304 | 45,525 | 8.1 | 36% |
| 2022 | 6,397,750 | 5,762,806 | 634,944 | 7.1 | 37% |
| 2023 | 7,937,839 | 6,939,806 | 998,033 | 7.6 | 38% |
| 2024 | 7,186,460 | 7,598,488 | −412,028 | 6.3 | 41% |
In its most recent public year (2024), this organization spent $412,028 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 7.9 in 2012. Staff pay was 41% of spending. $173,814 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
Morning Cheer Inc's IRS filings as a feed — one entry per filing year, through 2024. 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