Norris Penrose Legacy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 100,299 | 82,657 | 17,642 | 3.2 | — |
| 2024 | 7,915,633 | 5,299,022 | 2,616,611 | 6.0 | 9% |
In its most recent public year (2024), this organization brought in $2,616,611 more than it spent. Its reserves stood at about 6 months of spending, up from 3.2 in 2023. Staff pay was 9% 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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