Simmons College Of Kentucky Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 8,273,027 | 4,608,874 | 3,664,153 | 25.3 | 50% |
| 2022 | 14,241,631 | 9,219,352 | 5,022,279 | 19.2 | 37% |
| 2023 | 12,143,735 | 12,539,325 | −395,590 | 13.7 | 46% |
In its most recent public year (2023), this organization spent $395,590 more than it brought in. Its reserves stood at about 13.7 months of spending, down from 25.3 in 2021. Staff pay was 46% of spending. $4,224,737 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
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