Mcmahon-Parater Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 770,005 | 227,328 | 542,677 | 245.0 | 0% |
| 2012 | 327,363 | 75,611 | 251,752 | 797.4 | 0% |
| 2013 | 1,507,527 | 193,070 | 1,314,457 | 406.6 | 0% |
| 2014 | 1,693,504 | 1,325,129 | 368,375 | 67.1 | 0% |
| 2015 | 4,504,600 | 1,695,618 | 2,808,982 | 72.9 | 0% |
| 2016 | 5,514,605 | 2,503,700 | 3,010,905 | 62.4 | 0% |
| 2017 | 5,465,748 | 3,348,625 | 2,117,123 | 13.6 | 0% |
| 2018 | 5,571,428 | 4,817,859 | 753,569 | 11.3 | 0% |
| 2019 | 5,299,246 | 6,008,869 | −709,623 | 7.7 | 0% |
| 2020 | 4,404,749 | 5,531,128 | −1,126,379 | 5.9 | 0% |
| 2021 | 5,710,475 | 4,611,836 | 1,098,639 | 9.9 | 0% |
| 2022 | 7,331,353 | 5,673,391 | 1,657,962 | 11.3 | 0% |
| 2023 | 15,894,920 | 11,000,815 | 4,894,105 | 11.2 | 0% |
| 2024 | 6,073,594 | 10,475,116 | −4,401,522 | 6.8 | 0% |
In its most recent public year (2024), this organization spent $4,401,522 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 245 in 2011. Staff pay was 0% of spending. $5,395,334 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
Mcmahon-Parater Scholarship Foundation'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