Morton Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,515,824 | 565,206 | 950,618 | 141.1 | 22% |
| 2021 | 1,380,357 | 688,762 | 691,595 | 153.1 | 18% |
| 2022 | 3,821,125 | 707,986 | 3,113,139 | 175.1 | 19% |
| 2023 | 2,723,216 | 1,282,371 | 1,440,845 | 114.1 | 11% |
In its most recent public year (2023), this organization brought in $1,440,845 more than it spent. Its reserves stood at about 114.1 months of spending, down from 141.1 in 2020. Staff pay was 11% of spending. $9,176,590 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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