Thorn Hill Education Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 828,763 | 793,596 | 35,167 | 4.7 | 40% |
| 2022 | 847,083 | 826,062 | 21,021 | 4.9 | 48% |
| 2023 | 593,441 | 628,908 | −35,467 | 5.7 | 47% |
| 2024 | 846,924 | 690,069 | 156,855 | 7.9 | 47% |
In its most recent public year (2024), this organization brought in $156,855 more than it spent. Its reserves stood at about 7.9 months of spending, up from 4.7 in 2021. Staff pay was 47% 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
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