Madison Parks Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 202,447 | 153,564 | 48,883 | 248.9 | 56% |
| 2021 | 1,634,719 | 1,229,641 | 405,078 | 38.4 | 7% |
| 2022 | 921,608 | 812,970 | 108,638 | 49.6 | 14% |
| 2023 | 1,218,806 | 488,653 | 730,153 | 109.3 | 23% |
In its most recent public year (2023), this organization brought in $730,153 more than it spent. Its reserves stood at about 109.3 months of spending, down from 248.9 in 2020. Staff pay was 23% of spending. $2,146,624 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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