Joseph James Morelli Legacy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 304,269 | 84,311 | 219,958 | 31.3 | 0% |
| 2020 | 118,306 | 101,974 | 16,332 | 27.8 | — |
| 2021 | 199,647 | 137,442 | 62,205 | 25.7 | — |
| 2022 | 323,143 | 161,292 | 161,851 | 33.1 | 0% |
| 2023 | 237,605 | 220,566 | 17,039 | 25.5 | 0% |
In its most recent public year (2023), this organization brought in $17,039 more than it spent. Its reserves stood at about 25.5 months of spending, down from 31.3 in 2019. 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
Joseph James Morelli Legacy Foundation'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