Morgan State University Alumni Association Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 153,706 | 154,749 | −1,043 | 21.3 | 3% |
| 2013 | 164,585 | 114,351 | 50,234 | 34.1 | 4% |
| 2014 | 167,781 | 150,372 | 17,409 | 27.3 | 3% |
| 2015 | 292,989 | 175,057 | 117,932 | 31.5 | 3% |
| 2016 | 164,385 | 154,747 | 9,638 | 36.4 | 0% |
| 2017 | 287,561 | 197,462 | 90,099 | 34.0 | 3% |
| 2018 | 336,881 | 211,360 | 125,521 | 38.9 | 3% |
| 2019 | 167,337 | 192,620 | −25,283 | 43.8 | 4% |
| 2020 | 175,329 | 127,321 | 48,008 | 70.8 | 5% |
| 2021 | 208,044 | 98,445 | 109,599 | 119.8 | 0% |
| 2022 | 150,678 | 118,439 | 32,239 | 98.0 | 4% |
| 2023 | 192,904 | 216,010 | −23,106 | 52.9 | 0% |
| 2024 | 272,574 | 290,031 | −17,457 | 41.2 | 0% |
In its most recent public year (2024), this organization spent $17,457 more than it brought in. Its reserves stood at about 41.2 months of spending, up from 21.3 in 2012. Staff pay was 0% 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 2024. 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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