Montgomery County Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,387 | 523,710 | −466,323 | 290.4 | 0% |
| 2021 | 696,933 | 441,417 | 255,516 | 381.6 | 0% |
| 2022 | 326,164 | 568,098 | −241,934 | 233.6 | 0% |
| 2023 | 478,698 | 505,363 | −26,665 | 293.0 | 0% |
In its most recent public year (2023), this organization spent $26,665 more than it brought in. Its reserves stood at about 293 months of spending, up from 290.4 in 2020. Staff pay was 0% 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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