Memorial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 881,263 | 833,982 | 47,281 | 134.0 | 12% |
| 2011 | 3,294,492 | 909,366 | 2,385,126 | 128.6 | 11% |
| 2012 | 990,364 | 936,610 | 53,754 | 137.5 | 11% |
| 2013 | 1,451,581 | 583,631 | 867,950 | 249.0 | 17% |
| 2014 | 1,622,017 | 353,336 | 1,268,681 | 446.0 | 29% |
| 2015 | 2,480,021 | 3,411,377 | −931,356 | 40.3 | 3% |
| 2016 | 3,450,520 | 1,565,888 | 1,884,632 | 111.5 | 7% |
| 2017 | 2,153,848 | 285,340 | 1,868,508 | 711.4 | 0% |
| 2018 | 7,143,499 | 1,048,623 | 6,094,876 | 1331.6 | 0% |
| 2019 | 7,974,255 | 12,891,936 | −4,917,681 | 110.3 | 0% |
| 2020 | 4,795,666 | 6,890,230 | −2,094,564 | 208.8 | 0% |
| 2021 | 17,553,919 | 15,174,044 | 2,379,875 | 96.8 | 0% |
| 2022 | 570,990 | 2,865,608 | −2,294,618 | 481.8 | 0% |
| 2023 | 5,106,261 | 3,083,897 | 2,022,364 | 477.8 | 0% |
In its most recent public year (2023), this organization brought in $2,022,364 more than it spent. Its reserves stood at about 477.8 months of spending, up from 134 in 2010. Staff pay was 0% of spending. $1,642,501 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
Memorial Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works