Morton Grove Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,224 | 41,937 | 3,287 | 52.2 | — |
| 2012 | 50,757 | 42,362 | 8,395 | 54.0 | — |
| 2013 | 51,610 | 43,678 | 7,932 | 54.6 | — |
| 2014 | 50,841 | 42,041 | 8,800 | 59.2 | — |
| 2015 | 46,927 | 51,487 | −4,560 | 47.3 | — |
| 2016 | 47,111 | 49,675 | −2,564 | 48.4 | — |
| 2017 | 44,091 | 46,045 | −1,954 | 51.7 | — |
| 2018 | 48,917 | 41,118 | 7,799 | 60.2 | — |
| 2019 | 76,656 | 60,184 | 16,472 | 44.4 | — |
| 2020 | 66,950 | 43,989 | 22,961 | 67.0 | — |
| 2021 | 107 | 3,443 | −3,336 | 845.0 | — |
| 2022 | 14,618 | 6,651 | 7,967 | 451.8 | — |
| 2023 | 1 | 6,569 | −6,568 | 445.4 | — |
In its most recent public year (2023), this organization spent $6,568 more than it brought in. Its reserves stood at about 445.4 months of spending, up from 52.2 in 2011.
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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