Namm Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,270,328 | 2,308,237 | −1,037,909 | 52.9 | 0% |
| 2021 | 2,742,162 | 2,506,997 | 235,165 | 49.9 | 0% |
| 2022 | 116,333 | 2,536,756 | −2,420,423 | 43.0 | 0% |
| 2023 | 2,435,164 | 1,819,160 | 616,004 | 64.1 | 0% |
In its most recent public year (2023), this organization brought in $616,004 more than it spent. Its reserves stood at about 64.1 months of spending, up from 52.9 in 2020. Staff pay was 0% of spending. $391,908 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
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