Malone Recreation Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 97,577 | 87,689 | 9,888 | 1.4 | 0% |
| 2019 | 9,300 | 4,324 | 4,976 | 41.3 | 0% |
| 2020 | 17,050 | 14,991 | 2,059 | 13.5 | 0% |
| 2021 | 133,760 | 18,874 | 114,886 | 83.8 | 0% |
| 2022 | 134,651 | 24,664 | 109,987 | 117.6 | 0% |
| 2023 | 228,776 | 157,826 | 70,950 | 23.8 | 0% |
In its most recent public year (2023), this organization brought in $70,950 more than it spent. Its reserves stood at about 23.8 months of spending, up from 1.4 in 2018. Staff pay was 0% of spending.
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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