Lincoln 4th Of July Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 63,182 | 59,417 | 3,765 | 1.6 | — |
| 2022 | 76,068 | 76,122 | −54 | 0.6 | — |
| 2023 | 80,404 | 68,492 | 11,912 | 3.4 | — |
| 2024 | 74,415 | 77,411 | −2,996 | 2.6 | — |
In its most recent public year (2024), this organization spent $2,996 more than it brought in. Its reserves stood at about 2.6 months 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 2024. 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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