Reed Smith Shaw & Mcclay Flexible Benefits Program Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,891,814 | 27,040,512 | −1,148,698 | 1.9 | 0% |
| 2012 | 26,054,371 | 23,906,329 | 2,148,042 | 3.2 | 0% |
| 2013 | 31,460,949 | 29,565,013 | 1,895,936 | 3.4 | 0% |
| 2014 | 19,993,939 | 23,459,843 | −3,465,904 | 2.5 | 0% |
| 2015 | 15,760,639 | 15,723,109 | 37,530 | 3.7 | 0% |
| 2016 | 8,518,530 | 9,424,570 | −906,040 | 5.1 | 0% |
| 2017 | 32,193,200 | 32,454,287 | −261,087 | 1.4 | 0% |
| 2018 | 32,325,904 | 31,700,918 | 624,986 | 1.6 | 0% |
| 2019 | 35,302,384 | 35,256,266 | 46,118 | 1.5 | 0% |
| 2020 | 36,010,941 | 32,316,373 | 3,694,568 | 3.0 | 0% |
| 2021 | 2,307,233 | 5,154,451 | −2,847,218 | 12.2 | 0% |
| 2022 | 2,793,961 | 2,438,889 | 355,072 | 27.6 | 1% |
| 2023 | 2,295,456 | 6,697,837 | −4,402,381 | 2.1 | 0% |
In its most recent public year (2023), this organization spent $4,402,381 more than it brought in. Its reserves stood at about 2.1 months of spending. 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
Reed Smith Shaw & Mcclay Flexible Benefits Program Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works