Madison River Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 174,874 | 104,522 | 70,352 | 27.1 | 38% |
| 2012 | 209,810 | 260,278 | −50,468 | 8.6 | 17% |
| 2013 | 150,103 | 140,077 | 10,026 | 16.8 | 33% |
| 2014 | 167,348 | 168,346 | −998 | 13.9 | 26% |
| 2015 | 258,804 | 166,949 | 91,855 | 20.6 | 37% |
| 2016 | 306,841 | 305,659 | 1,182 | 11.4 | 21% |
| 2017 | 314,792 | 210,476 | 104,316 | 22.5 | 36% |
| 2018 | 202,845 | 147,720 | 55,125 | 36.5 | 50% |
| 2019 | 89,073 | 292,363 | −203,290 | 10.1 | — |
| 2020 | 82,915 | 228,264 | −145,349 | 5.3 | — |
| 2021 | 282,631 | 195,318 | 87,313 | 12.0 | 47% |
| 2022 | 427,227 | 280,444 | 146,783 | 14.7 | 47% |
| 2023 | 240,092 | 293,062 | −52,970 | 11.9 | 60% |
In its most recent public year (2023), this organization spent $52,970 more than it brought in. Its reserves stood at about 11.9 months of spending, down from 27.1 in 2011. Staff pay was 60% of spending. $180,337 of its net assets are donor-restricted.
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
Madison River Foundation Inc'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