Operating record

Isaac Munroe Foundation For Children Inc

Danvers, MA · EIN 04-6037175 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$112,933$28,068$84,865340.04%
2021$71,434$35,566$35,868291.33%
2022$34,168$28,473$5,695292.64%
2023$27,103$28,819−$1,716322.44%

In its most recent public year (2023), this organization spent $1,716 more than it brought in. Its reserves stood at about 322.4 months of spending, down from 340 in 2020. Staff pay was 4% 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 ↗