Morselife Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,913,735 | 6,519,419 | 1,394,316 | 23.9 | 18% |
| 2021 | 10,089,955 | 7,925,885 | 2,164,070 | 34.4 | 15% |
| 2022 | 14,295,083 | 10,125,216 | 4,169,867 | 21.2 | 14% |
| 2023 | 7,346,823 | 11,597,642 | −4,250,819 | 13.3 | 13% |
In its most recent public year (2023), this organization spent $4,250,819 more than it brought in. Its reserves stood at about 13.3 months of spending, down from 23.9 in 2020. Staff pay was 13% of spending. $4,069,455 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
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