Lightning Boy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,855 | 78,509 | −15,654 | 0.0 | — |
| 2021 | 135,397 | 53,126 | 82,271 | 30.5 | — |
| 2022 | 306,481 | 192,157 | 114,324 | 15.6 | 53% |
| 2023 | 646,248 | 408,240 | 238,008 | 14.3 | 15% |
In its most recent public year (2023), this organization brought in $238,008 more than it spent. Its reserves stood at about 14.3 months of spending, up from 0 in 2020. Staff pay was 15% of spending. $230,000 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
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