Modacares Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 49,500 | 49,277 | 223 | 0.1 | — |
| 2018 | 152,218 | 152,288 | −70 | 0.0 | — |
| 2019 | 75,000 | 75,047 | −47 | 0.0 | — |
| 2021 | 119,796 | 111,651 | 8,145 | 0.9 | — |
| 2022 | 249,317 | 247,602 | 1,715 | 0.5 | 0% |
| 2023 | 245,793 | 255,524 | −9,731 | 0.0 | 0% |
In its most recent public year (2023), this organization spent $9,731 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
Modacares Foundation Inc'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