Mc-1 Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 84,296 | 80,059 | 4,237 | 3.4 | — |
| 2019 | 82,159 | 63,118 | 19,041 | 7.9 | — |
| 2020 | 89,082 | 48,939 | 40,143 | 20.6 | — |
| 2021 | 83,038 | 78,976 | 4,062 | 13.4 | — |
| 2022 | 101,179 | 78,298 | 22,881 | 17.2 | — |
| 2023 | 103,309 | 86,777 | 16,532 | 17.1 | — |
In its most recent public year (2023), this organization brought in $16,532 more than it spent. Its reserves stood at about 17.1 months of spending, up from 3.4 in 2018.
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
Mc-1 Foundation'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