Milford Education Foundation Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2023 | $14,184 | $4,660 | $9,524 | 111.3 | — |
| 2024 | $5,052 | $8,026 | −$2,974 | 60.2 | — |
In its most recent public year (2024), this organization spent $2,974 more than it brought in. Its reserves stood at about 60.2 months of spending, down from 111.3 in 2023.
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 2024. 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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