Marchbanks Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 100,000 | 0 | 100,000 | — | — |
| 2020 | 107,000 | 37,337 | 69,663 | 54.5 | — |
| 2021 | 351,802 | 53,114 | 298,688 | 105.7 | 0% |
| 2022 | 597,001 | 54,984 | 542,017 | 221.3 | 0% |
| 2023 | −3,457 | 132,248 | −135,705 | 91.9 | 0% |
In its most recent public year (2023), this organization spent $135,705 more than it brought in. Its reserves stood at about 91.9 months of spending. 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