Morgan State University Alumni Association Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 33,869 | 28,902 | 4,967 | 2.1 | — |
| 2017 | 2,347 | 1,991 | 356 | 32.1 | — |
| 2018 | 1,500 | 2,012 | −512 | 28.7 | — |
| 2019 | 0 | 478 | −478 | 108.8 | — |
| 2020 | 0 | 210 | −210 | 235.6 | — |
| 2021 | 33,934 | 16,603 | 17,331 | 15.5 | — |
| 2022 | 6,420 | 23,933 | −17,513 | 2.0 | — |
In its most recent public year (2022), this organization spent $17,513 more than it brought in. Its reserves stood at about 2 months 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 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
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