Jessie Banks Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,295 | 45,396 | 2,899 | 7.0 | 0% |
| 2012 | 68,540 | 66,474 | 2,066 | 5.1 | 0% |
| 2013 | 64,862 | 58,568 | 6,294 | 7.1 | 0% |
| 2014 | 62,742 | 80,973 | −18,231 | 2.4 | 0% |
| 2015 | 79,440 | 57,596 | 21,844 | 8.0 | 0% |
| 2016 | 74,724 | 62,502 | 12,222 | 9.7 | 0% |
| 2017 | 109,742 | 110,115 | −373 | 5.5 | 0% |
| 2018 | 92,851 | 98,896 | −6,045 | 0.0 | 0% |
| 2019 | 118,547 | 119,931 | −1,384 | 0.0 | 0% |
| 2020 | 0 | 15,395 | −15,395 | 0.0 | 0% |
| 2021 | 55,908 | 54,031 | 1,877 | 0.4 | 0% |
| 2022 | 197,593 | 185,596 | 11,997 | 0.9 | 0% |
| 2023 | 182,063 | 171,959 | 10,104 | 1.7 | 0% |
In its most recent public year (2023), this organization brought in $10,104 more than it spent. Its reserves stood at about 1.7 months of spending, down from 7 in 2011. 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
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