Morgan County Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 77,460 | 34,592 | 42,868 | 35.9 | — |
| 2021 | 135,339 | 103,909 | 31,430 | 9.8 | — |
| 2022 | 50,163 | 41,228 | 8,935 | 27.2 | — |
| 2023 | 330,757 | 102,768 | 227,989 | 37.5 | 14% |
In its most recent public year (2023), this organization brought in $227,989 more than it spent. Its reserves stood at about 37.5 months of spending, up from 35.9 in 2019. Staff pay was 14% of spending. $307,170 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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