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Murphy Chamber Of Commerce Scholarship Foundation

Murphy, TX / EIN 43-2104811 / Form 990-EZ / latest filing 2019
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20159,0007,0002,00034.3
201711,00011,000021.8
201812,50011,0001,50021.8
201911,0509,0002,05031.4

In its most recent public year (2019), this organization brought in $2,050 more than it spent. Its reserves stood at about 31.4 months of spending, down from 34.3 in 2015.

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 2019. 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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