Lane Thomas Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 3,544,108 | 116,126 | 3,427,982 | 374.0 | 23% |
| 2018 | 696,785 | 307,265 | 389,520 | 164.6 | 29% |
| 2019 | 736,588 | 396,877 | 339,711 | 148.9 | 22% |
| 2020 | 234,152 | 339,300 | −105,148 | 185.5 | 18% |
| 2021 | 764,745 | 375,151 | 389,594 | 195.2 | 11% |
| 2022 | 294,539 | 277,010 | 17,529 | 224.3 | 6% |
| 2023 | 377,170 | 203,887 | 173,283 | 350.7 | 3% |
In its most recent public year (2023), this organization brought in $173,283 more than it spent. Its reserves stood at about 350.7 months of spending, down from 374 in 2017. Staff pay was 3% 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 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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