Franklin Township Dr Martin Luther King Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 21,376 | 4,246 | 17,130 | 48.4 | — |
| 2017 | 23,528 | 23,346 | 182 | 8.9 | — |
| 2018 | 18,649 | 7,852 | 10,797 | 43.0 | — |
| 2019 | 10,758 | 13,336 | −2,578 | 25.6 | — |
| 2020 | 23,120 | 17,672 | 5,448 | 23.0 | — |
| 2021 | 10,925 | 22,524 | −11,599 | 11.9 | — |
| 2022 | 4,979 | 18,522 | −13,543 | 5.7 | — |
| 2023 | 17,158 | 8,977 | 8,181 | 22.7 | — |
In its most recent public year (2023), this organization brought in $8,181 more than it spent. Its reserves stood at about 22.7 months of spending, down from 48.4 in 2016.
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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