Foundation For The Mid South Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 897,383 | 1,660,126 | −762,743 | 120.3 | 30% |
| 2021 | 2,493,672 | 1,476,621 | 1,017,051 | 164.8 | 28% |
| 2022 | 1,593,028 | 1,757,905 | −164,877 | 111.9 | 28% |
In its most recent public year (2022), this organization spent $164,877 more than it brought in. Its reserves stood at about 111.9 months of spending, down from 120.3 in 2020. Staff pay was 28% of spending. $6,279,949 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 2022. 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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