Morehead Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,283,049 | 560,288 | 722,761 | 281.1 | 0% |
| 2012 | 1,522,328 | 637,583 | 884,745 | 255.9 | 0% |
| 2013 | 2,766,451 | 1,072,854 | 1,693,597 | 179.8 | 0% |
| 2014 | 5,109,772 | 1,436,730 | 3,673,042 | 177.4 | 0% |
| 2015 | 4,158,672 | 1,603,008 | 2,555,664 | 184.1 | 0% |
| 2016 | 3,986,168 | 1,792,356 | 2,193,812 | 169.8 | 0% |
| 2017 | 5,784,180 | 1,906,063 | 3,878,117 | 192.5 | 0% |
| 2018 | 5,219,834 | 2,096,473 | 3,123,361 | 202.2 | 0% |
| 2019 | 5,166,647 | 2,459,797 | 2,706,850 | 189.4 | 0% |
| 2020 | 3,979,572 | 2,638,487 | 1,341,085 | 178.3 | 0% |
| 2021 | 5,606,396 | 2,874,069 | 2,732,327 | 227.9 | 0% |
| 2022 | 5,585,663 | 3,129,712 | 2,455,951 | 218.8 | 0% |
| 2023 | 7,535,675 | 3,611,540 | 3,924,135 | 193.9 | 0% |
In its most recent public year (2023), this organization brought in $3,924,135 more than it spent. Its reserves stood at about 193.9 months of spending, down from 281.1 in 2011. Staff pay was 0% of spending. $5,529,516 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
Morehead Scholarship 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