The Greg Padgett Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 305 | 12,185 | −11,880 | 60.6 | — |
| 2020 | 694 | 5,136 | −4,442 | 133.4 | — |
| 2021 | 607 | 3,861 | −3,254 | 167.3 | — |
| 2022 | 153 | 3,721 | −3,568 | 162.1 | — |
| 2023 | 136 | 5,271 | −5,135 | 102.8 | — |
In its most recent public year (2023), this organization spent $5,135 more than it brought in. Its reserves stood at about 102.8 months of spending, up from 60.6 in 2019.
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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