Morgan Pressel Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 447,028 | 1,100,727 | −653,699 | 9.4 | 0% |
| 2022 | 823,616 | 949,368 | −125,752 | 9.2 | 0% |
| 2023 | 980,471 | 914,234 | 66,237 | 11.6 | 0% |
| 2024 | 1,220,073 | 1,261,359 | −41,286 | 8.4 | 5% |
In its most recent public year (2024), this organization spent $41,286 more than it brought in. Its reserves stood at about 8.4 months of spending. Staff pay was 5% 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 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
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