Thrive In Joy Nick Fagnano Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 55,583 | 49,561 | 6,022 | 6.8 | — |
| 2017 | 64,868 | 51,247 | 13,621 | 9.7 | — |
| 2018 | 60,766 | 41,170 | 19,596 | 17.8 | — |
| 2019 | 86,827 | 72,835 | 13,992 | 12.4 | — |
| 2020 | 149,070 | 130,426 | 18,644 | 8.6 | — |
| 2021 | 311,755 | 186,888 | 124,867 | 14.0 | 31% |
| 2022 | 232,319 | 316,744 | −84,425 | 5.1 | 21% |
| 2023 | 300,785 | 326,111 | −25,326 | 4.3 | 33% |
In its most recent public year (2023), this organization spent $25,326 more than it brought in. Its reserves stood at about 4.3 months of spending, down from 6.8 in 2016. Staff pay was 33% of spending. $11,964 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
Thrive In Joy Nick Fagnano Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works