Margaret Mcnamara Education Grants
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 318,714 | 267,253 | 51,461 | 105.0 | 0% |
| 2013 | 324,489 | 285,996 | 38,493 | 104.8 | 0% |
| 2014 | 275,394 | 298,939 | −23,545 | 108.8 | 0% |
| 2015 | 379,852 | 449,536 | −69,684 | 65.9 | 0% |
| 2016 | 243,538 | 447,268 | −203,730 | 57.0 | 0% |
| 2017 | 245,335 | 392,955 | −147,620 | 65.7 | 0% |
| 2018 | 333,353 | 430,128 | −96,775 | 58.0 | 0% |
| 2019 | 396,090 | 356,747 | 39,343 | 66.4 | 0% |
| 2020 | 288,312 | 328,021 | −39,709 | 71.3 | 0% |
| 2021 | 308,211 | 272,013 | 36,198 | 110.8 | 0% |
| 2022 | 457,052 | 390,898 | 66,154 | 55.1 | 10% |
| 2023 | 343,701 | 379,683 | −35,982 | 57.5 | 14% |
In its most recent public year (2023), this organization spent $35,982 more than it brought in. Its reserves stood at about 57.5 months of spending, down from 105 in 2012. Staff pay was 14% 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 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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