Exodus International announced today that Randy Thomas — longtime spokesman and until February the organization’s executive vice president — will leave his position in July. (Hat tip: Ex-Gay Watch)
On his blog, Thomas describes the departure as a gradual and voluntary vocational choice. But then Thomas adds: “What’s next? The final decision wasn’t made until a few hours ago so … not quite sure as of yet.”
Exodus International’s finances have been burdened in recent years by the ill-timed purchase of a new headquarters and by the impact of U.S. economic difficulties on donations.
In 2009 — the most recent year for which Internal Revenue Service data is publicly available — Exodus International reported a calendar-year decline of $60,000 in cash on hand; the organization ended the year with $280,000 banked, according to the group’s IRS 990 form.
That form lists total revenue for 2009 of $1.1 million and expenses of $1.2 million, of which salaries, wages, and employee benefits constituted about $525,000.