Thelma Gibson Health Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 522,643 | 521,783 | 860 | 0.0 | 58% |
| 2014 | 596,663 | 603,804 | −7,141 | -1.2 | 68% |
| 2015 | 334,984 | 273,639 | 61,345 | 0.1 | 68% |
| 2016 | 595,651 | 501,873 | 93,778 | 1.1 | 0% |
| 2017 | 151,351 | 168,510 | −17,159 | 2.8 | 78% |
| 2018 | 638,676 | 612,194 | 26,482 | 1.7 | 65% |
| 2019 | 1,429,810 | 657,890 | 771,920 | 15.6 | 75% |
| 2020 | 469,659 | 713,259 | −243,600 | 10.2 | 54% |
| 2021 | 806,243 | 824,806 | −18,563 | 8.6 | 49% |
| 2022 | 959,745 | 916,196 | 43,549 | 7.9 | 43% |
| 2023 | 901,671 | 804,907 | 96,764 | 18.9 | 59% |
| 2024 | 930,900 | 878,184 | 52,716 | 18.0 | 66% |
In its most recent public year (2024), this organization brought in $52,716 more than it spent. Its reserves stood at about 18 months of spending, up from 0 in 2013. Staff pay was 66% 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works