Schermerhorn Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 118,095 | 118,095 | 0 | 307.2 | 12% |
| 2012 | 138,264 | 138,264 | 0 | 285.8 | 12% |
| 2013 | 129,025 | 129,025 | 0 | 349.7 | 12% |
| 2014 | 147,476 | 147,476 | 0 | 308.3 | 12% |
| 2015 | 139,642 | 139,642 | 0 | 282.3 | 12% |
| 2016 | 136,887 | 136,887 | 0 | 325.3 | 12% |
| 2017 | 131,637 | 131,637 | 0 | 375.0 | 12% |
| 2018 | 152,723 | 195,915 | −43,192 | 220.7 | 9% |
| 2019 | 113,632 | 174,950 | −61,318 | 289.7 | 10% |
| 2020 | 65,275 | 170,402 | −105,127 | 292.0 | 10% |
| 2021 | 233,325 | 170,574 | 62,751 | 352.3 | 10% |
| 2022 | 126,914 | 183,000 | −56,086 | 310.2 | 9% |
| 2023 | 170,789 | 203,150 | −32,361 | 274.8 | 9% |
In its most recent public year (2023), this organization spent $32,361 more than it brought in. Its reserves stood at about 274.8 months of spending, down from 307.2 in 2011. 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 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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