Michalopoulos Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 190,000 | 2,873 | 187,127 | 826.9 | — |
| 2020 | 117,613 | 2,579 | 115,034 | 1456.4 | — |
| 2021 | 12,000 | 8,572 | 3,428 | 443.0 | — |
| 2022 | 12,000 | 4,089 | 7,911 | 951.8 | — |
In its most recent public year (2022), this organization brought in $7,911 more than it spent. Its reserves stood at about 951.8 months of spending, up from 826.9 in 2019.
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 2022. 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
Michalopoulos Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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