Michael C Mchugh Memorial Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 90,022 | 29,696 | 60,326 | 24.4 | 0% |
| 2019 | 91,953 | 56,539 | 35,414 | 20.3 | — |
| 2020 | 4,039 | 41,959 | −37,920 | 16.5 | — |
| 2021 | 128,412 | 30,441 | 97,971 | 70.7 | — |
| 2022 | 48,705 | 47,878 | 827 | 45.2 | — |
| 2023 | 303,375 | 73,033 | 230,342 | 67.3 | 0% |
In its most recent public year (2023), this organization brought in $230,342 more than it spent. Its reserves stood at about 67.3 months of spending, up from 24.4 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
Michael C Mchugh Memorial Fund Inc'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