Morrison Education Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,182,844 | 5,249,783 | −66,939 | 1.5 | 42% |
| 2021 | 7,598,918 | 8,297,418 | −698,500 | -0.1 | 43% |
| 2022 | 8,717,931 | 9,240,726 | −522,795 | -0.7 | 42% |
| 2023 | 10,255,027 | 10,278,270 | −23,243 | -0.7 | 45% |
In its most recent public year (2023), this organization spent $23,243 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), down from 1.5 in 2020. Staff pay was 45% of spending. $518,654 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 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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