Morrow Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 188,347 | 148,377 | 39,970 | 74.2 | 0% |
| 2012 | 181,739 | 123,625 | 58,114 | 94.7 | 0% |
| 2013 | 194,667 | 125,466 | 69,201 | 100.0 | 0% |
| 2015 | 181,953 | 148,431 | 33,522 | 87.0 | 0% |
| 2016 | 718,993 | 119,999 | 598,994 | 167.5 | 0% |
| 2017 | 2,248,065 | 167,834 | 2,080,231 | 268.5 | 0% |
| 2018 | 445,995 | 128,661 | 317,334 | 379.8 | 0% |
| 2019 | 286,125 | 131,530 | 154,595 | 385.7 | 0% |
| 2020 | 203,469 | 126,465 | 77,004 | 408.4 | 0% |
| 2021 | 156,767 | 127,818 | 28,949 | 407.0 | 0% |
| 2022 | 102,597 | 123,725 | −21,128 | 418.5 | 0% |
| 2023 | 106,354 | 129,893 | −23,539 | 396.4 | 0% |
| 2024 | 103,929 | 119,272 | −15,343 | 430.2 | 0% |
In its most recent public year (2024), this organization spent $15,343 more than it brought in. Its reserves stood at about 430.2 months of spending, up from 74.2 in 2011. Staff pay was 0% of spending. $4,104,257 of its net assets are donor-restricted.
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 2024. 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
Morrow Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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