Marines Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 443,879 | 182,808 | 261,071 | 30.5 | 0% |
| 2022 | 442,342 | 464,900 | −22,558 | 11.4 | 0% |
| 2023 | 523,239 | 530,378 | −7,139 | 9.9 | 0% |
In its most recent public year (2023), this organization spent $7,139 more than it brought in. Its reserves stood at about 9.9 months of spending, down from 30.5 in 2021. Staff pay was 0% of spending. $555,750 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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