Nick Lackey Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 42,185 | 1,253 | 40,932 | 392.0 | — |
| 2020 | 26,749 | 22,721 | 4,028 | 23.7 | — |
| 2021 | 26,733 | 4,062 | 22,671 | 199.8 | — |
| 2022 | 3,497 | 8,116 | −4,619 | 93.2 | — |
| 2023 | 21,150 | 22,644 | −1,494 | 32.6 | — |
In its most recent public year (2023), this organization spent $1,494 more than it brought in. Its reserves stood at about 32.6 months of spending, down from 392 in 2019.
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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