Louie R Merlo Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 116,548 | 51,000 | 65,548 | 15.4 | 0% |
| 2020 | 82,153 | 29,170 | 52,983 | 48.8 | 0% |
| 2021 | 55,747 | 49,025 | 6,722 | 30.7 | 0% |
| 2022 | 162,986 | 36,245 | 126,741 | 83.4 | 0% |
| 2023 | 50,391 | 46,776 | 3,615 | 65.6 | 0% |
In its most recent public year (2023), this organization brought in $3,615 more than it spent. Its reserves stood at about 65.6 months of spending, up from 15.4 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works