Greater Salem Area Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 52,339 | 13,918 | 38,421 | 56.4 | — |
| 2018 | 33,487 | 17,703 | 15,784 | 54.2 | — |
| 2019 | 88,240 | 42,566 | 45,674 | 35.4 | — |
| 2020 | 100,733 | 108,227 | −7,494 | 13.1 | — |
| 2021 | 90,654 | 67,040 | 23,614 | 26.2 | — |
| 2022 | 40,356 | 22,037 | 18,319 | 55.3 | — |
| 2023 | 38,694 | 26,572 | 12,122 | 51.3 | — |
In its most recent public year (2023), this organization brought in $12,122 more than it spent. Its reserves stood at about 51.3 months of spending, down from 56.4 in 2017.
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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