Hancock Elementary School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 40,983 | 26,781 | 14,202 | 27.1 | — |
| 2023 | 53,632 | 25,790 | 27,842 | 41.1 | — |
| 2024 | 71,165 | 71,724 | −559 | 11.5 | — |
In its most recent public year (2024), this organization spent $559 more than it brought in. Its reserves stood at about 11.5 months of spending, down from 27.1 in 2022.
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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