Sherman College Of Straight Chiropractic Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,208,356 | 5,990,297 | −781,941 | 18.9 | 52% |
| 2012 | 6,244,567 | 5,925,227 | 319,340 | 20.3 | 54% |
| 2013 | 7,465,964 | 6,684,800 | 781,164 | 19.6 | 53% |
| 2014 | 10,486,182 | 8,402,480 | 2,083,702 | 18.5 | 50% |
| 2015 | 11,803,371 | 9,553,887 | 2,249,484 | 18.7 | 52% |
| 2016 | 12,678,426 | 11,072,973 | 1,605,453 | 18.5 | 54% |
| 2017 | 13,916,190 | 11,804,018 | 2,112,172 | 20.3 | 55% |
| 2018 | 15,533,600 | 13,225,446 | 2,308,154 | 18.6 | 53% |
| 2019 | 16,102,307 | 15,723,158 | 379,149 | 17.3 | 51% |
| 2020 | 17,583,972 | 14,736,944 | 2,847,028 | 22.0 | 57% |
| 2021 | 16,948,617 | 15,291,842 | 1,656,775 | 23.3 | 50% |
| 2022 | 16,504,966 | 16,249,029 | 255,937 | 19.5 | 51% |
| 2023 | 16,124,563 | 16,589,178 | −464,615 | 20.2 | 60% |
In its most recent public year (2023), this organization spent $464,615 more than it brought in. Its reserves stood at about 20.2 months of spending, up from 18.9 in 2011. Staff pay was 60% of spending. $2,931,088 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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