Joy School Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 230,894 | 0 | 230,894 | — | — |
| 2019 | 57,674 | 0 | 57,674 | — | — |
| 2020 | 51,890 | 0 | 51,890 | — | — |
| 2021 | 48,639 | 5,063 | 43,576 | 1084.4 | — |
| 2022 | 253,401 | 4,322 | 249,079 | 1763.5 | 0% |
| 2023 | 192,032 | 5,510 | 186,522 | 1789.7 | 0% |
In its most recent public year (2023), this organization brought in $186,522 more than it spent. Its reserves stood at about 1789.7 months of spending. Staff pay was 0% of spending. $821,755 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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