Morehouse Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,419,681 | 1,228,111 | 191,570 | 3.8 | 19% |
| 2021 | 1,537,020 | 1,387,488 | 149,532 | 4.7 | 22% |
| 2022 | 1,559,404 | 1,527,599 | 31,805 | 4.5 | 21% |
| 2023 | 1,654,497 | 1,646,123 | 8,374 | 4.2 | 21% |
In its most recent public year (2023), this organization brought in $8,374 more than it spent. Its reserves stood at about 4.2 months of spending. Staff pay was 21% of spending. $13,209 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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