Petit Family Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,859,480 | 238,086 | 1,621,394 | 149.9 | 15% |
| 2012 | 935,074 | 610,452 | 324,622 | 65.4 | 8% |
| 2013 | 533,710 | 428,353 | 105,357 | 103.3 | 12% |
| 2014 | 721,916 | 477,620 | 244,296 | 106.6 | 12% |
| 2015 | 668,038 | 627,285 | 40,753 | 78.3 | 7% |
| 2016 | 550,539 | 689,963 | −139,424 | 67.7 | 7% |
| 2017 | 652,091 | 629,843 | 22,248 | 80.4 | 8% |
| 2018 | 567,943 | 538,878 | 29,065 | 98.1 | 9% |
| 2019 | 512,592 | 570,246 | −57,654 | 92.8 | 9% |
| 2020 | 390,061 | 568,115 | −178,054 | 84.5 | 9% |
| 2021 | 1,546,285 | 715,732 | 830,553 | 98.8 | 8% |
| 2022 | 944,431 | 940,011 | 4,420 | 61.0 | 6% |
| 2023 | 507,442 | 972,739 | −465,297 | 59.6 | 5% |
In its most recent public year (2023), this organization spent $465,297 more than it brought in. Its reserves stood at about 59.6 months of spending, down from 149.9 in 2011. Staff pay was 5% of spending. $754,143 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 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
Petit Family Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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