Clause 40 Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 43,499 | −43,499 | -14.5 | — |
| 2020 | 341,746 | 115,821 | 225,925 | 18.0 | 66% |
| 2021 | 87,315 | 191,660 | −104,345 | 4.3 | 64% |
| 2022 | 116,303 | 298,779 | −182,476 | -4.6 | 61% |
| 2023 | 99,688 | 114,138 | −14,450 | -13.4 | 63% |
In its most recent public year (2023), this organization spent $14,450 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.4 months), up from -14.5 in 2019. Staff pay was 63% 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
Clause 40 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