Herring College Memorial Educational Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,567 | 104,396 | 24,171 | 286.1 | 0% |
| 2012 | 247,656 | 104,868 | 142,788 | 298.3 | 0% |
| 2013 | 205,204 | 106,084 | 99,120 | 322.4 | 0% |
| 2014 | 218,364 | 110,506 | 107,858 | 317.8 | 0% |
| 2015 | −152,718 | 129,377 | −282,095 | 251.9 | 0% |
| 2016 | 123,808 | 128,781 | −4,973 | 266.9 | 0% |
| 2017 | 137,642 | 130,015 | 7,627 | 270.5 | 0% |
| 2018 | 335,621 | 129,092 | 206,529 | 258.3 | 0% |
| 2019 | 103,214 | 128,318 | −25,104 | 290.0 | 0% |
| 2020 | 50,298 | 128,931 | −78,633 | 299.0 | 0% |
| 2021 | 263,799 | 132,423 | 131,376 | 315.1 | 0% |
| 2022 | 155,860 | 132,281 | 23,579 | 275.0 | 0% |
| 2023 | 159,339 | 129,617 | 29,722 | 296.2 | 0% |
In its most recent public year (2023), this organization brought in $29,722 more than it spent. Its reserves stood at about 296.2 months of spending, up from 286.1 in 2011. Staff pay was 0% of spending. $1,156,953 of its net assets are donor-restricted.
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
Herring College Memorial Educational Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works