Springfield Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,491 | 31,592 | 37,899 | 82.5 | — |
| 2021 | 135,519 | 19,135 | 116,384 | 209.1 | 0% |
| 2022 | 50,551 | 41,202 | 9,349 | 99.8 | 0% |
| 2023 | 41,886 | 35,411 | 6,475 | 118.4 | 0% |
In its most recent public year (2023), this organization brought in $6,475 more than it spent. Its reserves stood at about 118.4 months of spending, up from 82.5 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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