Hermleigh Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,148,131 | 115,678 | 1,032,453 | 323.6 | 0% |
| 2014 | 1,148,131 | 115,678 | 1,032,453 | 323.6 | 0% |
| 2015 | 1,227,703 | 136,855 | 1,090,848 | 369.2 | 0% |
| 2017 | 1,013,784 | 86,929 | 926,855 | 743.3 | 0% |
| 2018 | 974,234 | 54,071 | 920,163 | 1399.3 | 0% |
| 2019 | 765,899 | 55,057 | 710,842 | 1529.1 | 0% |
| 2020 | 598,742 | 200,095 | 398,647 | 444.7 | 0% |
| 2021 | 408,616 | 153,672 | 254,944 | 598.9 | 0% |
| 2022 | 290,198 | 485,435 | −195,237 | 184.8 | 0% |
| 2023 | 348,455 | 59,835 | 288,620 | 1556.8 | 0% |
In its most recent public year (2023), this organization brought in $288,620 more than it spent. Its reserves stood at about 1556.8 months of spending, up from 323.6 in 2013. 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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