School Facility Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,557,672 | 2,839,798 | −282,126 | 14.8 | 0% |
| 2021 | 3,714,095 | 2,699,050 | 1,015,045 | 20.1 | 0% |
| 2022 | 713,994 | 1,898,060 | −1,184,066 | 21.0 | 0% |
| 2023 | 2,007,230 | 1,361,889 | 645,341 | 35.0 | 0% |
In its most recent public year (2023), this organization brought in $645,341 more than it spent. Its reserves stood at about 35 months of spending, up from 14.8 in 2020. 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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