Bob Moretti Memorial Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 144,669 | 103,500 | 41,169 | 2.9 | 0% |
| 2012 | 141,327 | 105,500 | 35,827 | 2.2 | 0% |
| 2013 | 145,755 | 131,268 | 14,487 | 3.1 | 0% |
| 2014 | 149,644 | 40,086 | 109,558 | 16.0 | 0% |
| 2015 | 137,337 | 123,353 | 13,984 | 6.6 | — |
| 2016 | 136,051 | 155,524 | −19,473 | 3.7 | — |
| 2017 | 135,580 | 153,494 | −17,914 | 2.4 | — |
| 2018 | 137,660 | 146,431 | −8,771 | 1.7 | — |
| 2019 | 145,755 | 125,725 | 20,030 | 3.9 | — |
| 2020 | 196,250 | 54,164 | 142,086 | 40.6 | — |
| 2021 | 183,674 | 108,462 | 75,212 | 28.6 | — |
| 2022 | 177,255 | 79,789 | 97,466 | 53.6 | — |
| 2023 | 156,696 | 117,918 | 38,778 | 40.2 | — |
In its most recent public year (2023), this organization brought in $38,778 more than it spent. Its reserves stood at about 40.2 months of spending, up from 2.9 in 2011.
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
Bob Moretti Memorial 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