Preston Mitchum Jr Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,497 | 11,060 | −6,563 | 7.6 | — |
| 2012 | 86,728 | 73,345 | 13,383 | 4.4 | — |
| 2013 | 31,020 | 25,372 | 5,648 | 6.0 | — |
| 2014 | 21,115 | 34,094 | −12,979 | -0.1 | — |
| 2015 | 41,798 | 34,785 | 7,013 | 2.3 | — |
| 2016 | 25,510 | 19,643 | 5,867 | 7.7 | — |
| 2019 | 57,596 | 57,803 | −207 | -0.0 | — |
| 2020 | 8,596 | 8,023 | 573 | 0.9 | — |
| 2021 | 13,600 | 12,112 | 1,488 | 2.0 | — |
| 2022 | 79,454 | 74,129 | 5,325 | 1.2 | — |
| 2023 | 88,356 | 81,826 | 6,530 | 2.0 | — |
In its most recent public year (2023), this organization brought in $6,530 more than it spent. Its reserves stood at about 2 months of spending, down from 7.6 in 2011.
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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