Operating record

Schlarman Foundation Inc

Danville, IL · EIN 23-7367151 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2021$365,638$150,097$215,541309.30%
2022$594,076$133,482$460,594364.60%
2023$371,630$273,387$98,243184.00%

In its most recent public year (2023), this organization brought in $98,243 more than it spent. Its reserves stood at about 184 months of spending, down from 309.3 in 2021. Staff pay was 0% of spending. $2,923,695 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 ↗