Springport Area Foundation For Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,450 | 17,570 | 39,880 | 199.3 | — |
| 2012 | 72,632 | 23,748 | 48,884 | 172.1 | — |
| 2014 | 47,213 | 25,133 | 22,080 | 171.0 | — |
| 2015 | 70,288 | 26,047 | 44,241 | 186.0 | — |
| 2016 | 66,256 | 29,644 | 36,612 | 180.5 | — |
| 2017 | 70,131 | 27,878 | 42,253 | 213.8 | 0% |
| 2019 | 94,993 | 36,234 | 58,759 | 219.1 | 0% |
| 2020 | 47,178 | 35,428 | 11,750 | 227.6 | 0% |
| 2021 | 64,360 | 27,622 | 36,738 | 376.7 | 0% |
| 2022 | 159,389 | 64,845 | 94,544 | 177.7 | 0% |
| 2023 | 85,602 | 38,956 | 46,646 | 311.9 | 0% |
| 2024 | 75,519 | 59,856 | 15,663 | 218.7 | 0% |
In its most recent public year (2024), this organization brought in $15,663 more than it spent. Its reserves stood at about 218.7 months of spending, up from 199.3 in 2011. 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 2024. 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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