Morlon Greenwood Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 21,331 | 21,385 | −54 | 0.0 | — |
| 2020 | 18,298 | 23,122 | −4,824 | -2.5 | — |
| 2021 | 62,405 | 59,674 | 2,731 | -0.4 | — |
| 2022 | 60,966 | 92,861 | −31,895 | -4.4 | — |
| 2023 | 93,779 | 96,238 | −2,459 | -4.5 | — |
In its most recent public year (2023), this organization spent $2,459 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.5 months), down from 0 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 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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