Memorial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 175,143 | 9,602 | 165,541 | 1327.0 | 0% |
| 2012 | 236,438 | 11,550 | 224,888 | 1390.3 | 0% |
| 2013 | 169,431 | 177,361 | −7,930 | 92.0 | 0% |
| 2014 | 250,916 | 9,573 | 241,343 | 2050.4 | 0% |
| 2015 | 219,326 | 34,641 | 184,685 | 624.2 | 0% |
| 2016 | 439,300 | 5,572 | 433,728 | 4977.1 | 0% |
| 2017 | 196,907 | 677,419 | −480,512 | 33.8 | 0% |
| 2018 | 229,022 | 41,880 | 187,142 | 619.5 | 0% |
| 2019 | 232,221 | 38,048 | 194,173 | 754.8 | 0% |
| 2020 | 674,114 | 308,426 | 365,688 | 112.0 | 0% |
| 2021 | 1,435,650 | 157,237 | 1,278,413 | 336.7 | 0% |
| 2022 | 283,644 | 8,581 | 275,063 | 6060.4 | 0% |
| 2023 | 218,784 | 93,852 | 124,932 | 582.7 | 0% |
In its most recent public year (2023), this organization brought in $124,932 more than it spent. Its reserves stood at about 582.7 months of spending, down from 1327 in 2011. Staff pay was 0% of spending. $1,132,163 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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