Charitable Fund Of Michael W Thorne
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 31,107 | 28,629 | 2,478 | 40.0 | — |
| 2012 | 34,396 | 31,516 | 2,880 | 37.4 | — |
| 2013 | 33,032 | 25,482 | 7,550 | 49.8 | — |
| 2014 | 32,735 | 24,955 | 7,780 | 54.6 | — |
| 2015 | 37,649 | 30,507 | 7,142 | 47.5 | — |
| 2016 | 34,560 | 25,645 | 8,915 | 60.7 | — |
| 2017 | 44,280 | 32,520 | 11,760 | 52.2 | — |
| 2018 | 12,245 | 10,199 | 2,046 | 168.8 | — |
| 2019 | 26,607 | 9,202 | 17,405 | 209.8 | — |
| 2020 | −1,878 | 8,047 | −9,925 | 225.1 | — |
| 2021 | 11,522 | 7,993 | 3,529 | 247.9 | — |
| 2022 | −18,359 | 4,006 | −22,365 | 427.6 | — |
| 2023 | 20,947 | 5,903 | 15,044 | 320.8 | — |
In its most recent public year (2023), this organization brought in $15,044 more than it spent. Its reserves stood at about 320.8 months of spending, up from 40 in 2011.
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
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