Morrow Water System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 206,844 | 197,934 | 8,910 | 41.9 | 30% |
| 2012 | 195,969 | 214,062 | −18,093 | 37.7 | 27% |
| 2013 | 196,663 | 209,945 | −13,282 | 39.1 | 29% |
| 2014 | 204,630 | 195,101 | 9,529 | 42.7 | 30% |
| 2015 | 213,777 | 203,281 | 10,496 | 41.6 | 30% |
| 2016 | 197,975 | 198,551 | −576 | 44.2 | 30% |
| 2017 | 212,273 | 210,272 | 2,001 | 41.9 | 29% |
| 2018 | 283,656 | 217,043 | 66,613 | 44.3 | 30% |
| 2019 | 278,422 | 223,040 | 55,382 | 46.1 | 29% |
| 2020 | 287,888 | 262,740 | 25,148 | 40.3 | 28% |
| 2021 | 279,605 | 229,827 | 49,778 | 48.7 | 34% |
| 2022 | 288,529 | 246,697 | 41,832 | 47.4 | 35% |
| 2023 | 289,191 | 282,587 | 6,604 | 41.7 | 33% |
In its most recent public year (2023), this organization brought in $6,604 more than it spent. Its reserves stood at about 41.7 months of spending. Staff pay was 33% of spending. $72,088 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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