Morning Glory Enterprises
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 197,477 | 207,081 | −9,604 | 0.8 | 0% |
| 2012 | 210,666 | 201,556 | 9,110 | 1.4 | 64% |
| 2013 | 240,863 | 221,005 | 19,858 | 2.4 | 65% |
| 2014 | 278,664 | 263,866 | 14,798 | 2.6 | 61% |
| 2015 | 303,355 | 279,781 | 23,574 | 3.5 | 62% |
| 2016 | 295,789 | 281,124 | 14,665 | 4.1 | 61% |
| 2017 | 289,441 | 283,219 | 6,222 | 4.3 | 62% |
| 2018 | 293,660 | 306,087 | −12,427 | 3.5 | 65% |
| 2019 | 309,724 | 318,669 | −8,945 | 3.4 | 65% |
| 2020 | 241,799 | 278,652 | −36,853 | 1.0 | 67% |
| 2021 | 263,270 | 270,237 | −6,967 | 2.6 | 66% |
| 2022 | 235,034 | 268,973 | −33,939 | 2.6 | 66% |
| 2023 | 298,568 | 303,385 | −4,817 | 2.1 | 66% |
| 2024 | 321,433 | 315,956 | 5,477 | 2.2 | 67% |
In its most recent public year (2024), this organization brought in $5,477 more than it spent. Its reserves stood at about 2.2 months of spending, up from 0.8 in 2011. Staff pay was 67% 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 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
Morning Glory Enterprises'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