Shelton Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 90,962 | 64,000 | 26,962 | 26.3 | — |
| 2021 | 1,680,900 | 63,369 | 1,617,531 | 333.2 | 0% |
| 2022 | 95,349 | 91,892 | 3,457 | 195.6 | 0% |
| 2023 | 64,108 | 109,406 | −45,298 | 167.8 | 0% |
In its most recent public year (2023), this organization spent $45,298 more than it brought in. Its reserves stood at about 167.8 months of spending, up from 26.3 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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