Justin Thomas Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,128,323 | 155,364 | 972,959 | 75.6 | 0% |
| 2021 | 1,193,777 | 136,785 | 1,056,992 | 178.1 | 0% |
| 2022 | 1,623,192 | 237,559 | 1,385,633 | 172.5 | 0% |
| 2023 | 1,047,661 | 285,282 | 762,379 | 175.7 | 0% |
In its most recent public year (2023), this organization brought in $762,379 more than it spent. Its reserves stood at about 175.7 months of spending, up from 75.6 in 2020. Staff pay was 0% 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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