Thatcher Family Fund Of The Cleveland Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 532,677 | 846,921 | −314,244 | 103.9 | 0% |
| 2020 | 282,821 | 669,669 | −386,848 | 140.7 | 0% |
| 2021 | 817,282 | 724,354 | 92,928 | 137.8 | 0% |
| 2022 | 461,811 | 749,376 | −287,565 | 103.0 | 0% |
| 2023 | 302,002 | 760,585 | −458,583 | 106.8 | 0% |
In its most recent public year (2023), this organization spent $458,583 more than it brought in. Its reserves stood at about 106.8 months of spending, up from 103.9 in 2019. Staff pay was 0% 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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