Smithtown Teachers Association Benefit Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 360,824 | 362,975 | −2,151 | 19.2 | 2% |
| 2021 | 357,479 | 385,796 | −28,317 | 17.2 | 1% |
| 2022 | 366,723 | 401,372 | −34,649 | 15.6 | 1% |
| 2023 | 400,030 | 476,993 | −76,963 | 11.2 | 1% |
| 2024 | 380,190 | 503,537 | −123,347 | 7.7 | 1% |
In its most recent public year (2024), this organization spent $123,347 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 19.2 in 2020. Staff pay was 1% 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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