Bangor Area School District Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 432,896 | 54,769 | 378,127 | 248.5 | 21% |
| 2018 | 52,259 | 60,686 | −8,427 | 204.6 | 31% |
| 2019 | 152,125 | 77,178 | 74,947 | 182.3 | 21% |
| 2020 | 132,752 | 81,651 | 51,101 | 189.3 | 24% |
| 2021 | 150,742 | 80,738 | 70,004 | 198.6 | 21% |
| 2022 | 45,922 | 76,043 | −30,121 | 173.7 | 21% |
| 2023 | 83,552 | 69,487 | 14,065 | 202.5 | 14% |
In its most recent public year (2023), this organization brought in $14,065 more than it spent. Its reserves stood at about 202.5 months of spending, down from 248.5 in 2017. Staff pay was 14% of spending. $493,646 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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