Summa Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,980 | 15,929 | −5,949 | 161.2 | 0% |
| 2021 | 27,074 | 42,453 | −15,379 | 61.4 | 0% |
| 2022 | 29,808 | 12,928 | 16,880 | 160.5 | 0% |
| 2023 | 3,004 | 9,235 | −6,231 | 251.9 | 0% |
In its most recent public year (2023), this organization spent $6,231 more than it brought in. Its reserves stood at about 251.9 months of spending, up from 161.2 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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