Jay B Norman Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,082 | 48,531 | 13,551 | 7.4 | — |
| 2021 | 94,600 | 56,824 | 37,776 | 14.3 | — |
| 2022 | 27,170 | 34,922 | −7,752 | 20.6 | — |
| 2023 | 39,249 | 54,869 | −15,620 | 9.7 | — |
In its most recent public year (2023), this organization spent $15,620 more than it brought in. Its reserves stood at about 9.7 months of spending, up from 7.4 in 2020.
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
Jay B Norman Memorial 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