Mcore Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 17,627 | 17,117 | 510 | 2.0 | — |
| 2017 | 8,027 | 9,760 | −1,733 | 1.3 | — |
| 2018 | 13,947 | 11,308 | 2,639 | 4.0 | — |
| 2019 | 0 | 4,000 | −4,000 | 69.0 | — |
| 2020 | 69,402 | 31,058 | 38,344 | 23.7 | — |
| 2021 | 225,054 | 218,069 | 6,985 | 3.5 | 20% |
| 2022 | 307,801 | 281,406 | 26,395 | 2.3 | 44% |
| 2023 | 342,160 | 279,877 | 62,283 | 5.0 | 46% |
In its most recent public year (2023), this organization brought in $62,283 more than it spent. Its reserves stood at about 5 months of spending, up from 2 in 2016. Staff pay was 46% 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
Mcore Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works