Mays Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 153,980 | 127,901 | 26,079 | 2.4 | — |
| 2020 | 425,761 | 364,947 | 60,814 | 2.9 | 53% |
| 2021 | 503,676 | 531,789 | −28,113 | 1.3 | 55% |
| 2022 | 564,823 | 630,538 | −65,715 | -0.1 | 61% |
| 2023 | 682,005 | 680,738 | 1,267 | -0.2 | 57% |
In its most recent public year (2023), this organization brought in $1,267 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), down from 2.4 in 2019. Staff pay was 57% 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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