Morrow Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 165,000 | 165,210 | −210 | 0.2 | — |
| 2014 | 15,000 | 75 | 14,925 | 2719.7 | — |
| 2015 | 350,000 | 260,060 | 89,940 | 4.9 | — |
| 2016 | 265,081 | 269,474 | −4,393 | 4.6 | 0% |
| 2017 | 300,059 | 262,652 | 37,407 | 6.4 | 0% |
| 2018 | 350,204 | 450,050 | −99,846 | 1.1 | 0% |
| 2019 | 571,626 | 523,708 | 47,918 | 2.0 | 0% |
| 2020 | 1,707,135 | 813,761 | 893,374 | 14.5 | 0% |
| 2021 | 0 | 975,737 | −975,737 | 0.1 | 0% |
| 2022 | 3,521,038 | 3,520,871 | 167 | 0.0 | 0% |
| 2023 | 1,118,950 | 1,120,398 | −1,448 | 0.0 | 0% |
In its most recent public year (2023), this organization spent $1,448 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 0% 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
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