Morgan Memorial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,366,071 | 2,394,083 | −28,012 | 4.2 | 51% |
| 2012 | 2,291,473 | 2,434,437 | −142,964 | 3.5 | 51% |
| 2013 | 2,224,944 | 2,379,103 | −154,159 | 2.8 | 51% |
| 2015 | 2,604,255 | 2,696,583 | −92,328 | 2.1 | 2% |
| 2016 | 2,843,629 | 2,965,115 | −121,486 | 1.4 | 57% |
| 2017 | 3,112,962 | 3,059,220 | 53,742 | 1.6 | 55% |
| 2018 | 3,303,434 | 3,086,007 | 217,427 | 2.4 | 56% |
| 2019 | 3,359,383 | 3,123,147 | 236,236 | 3.3 | 56% |
| 2020 | 3,103,701 | 3,221,760 | −118,059 | 2.9 | 58% |
| 2021 | 3,804,451 | 3,426,031 | 378,420 | 4.3 | 56% |
| 2022 | 3,777,390 | 3,735,156 | 42,234 | 4.1 | 58% |
| 2023 | 5,629,643 | 4,429,301 | 1,200,342 | 6.7 | 50% |
In its most recent public year (2023), this organization brought in $1,200,342 more than it spent. Its reserves stood at about 6.7 months of spending, up from 4.2 in 2011. Staff pay was 50% of spending.
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
Morgan 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