Bancroft Daycare
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 221,278 | 209,866 | 11,412 | 2.9 | 78% |
| 2021 | 299,086 | 243,496 | 55,590 | 5.3 | 74% |
| 2022 | 331,142 | 264,925 | 66,217 | 7.9 | 73% |
| 2023 | 264,559 | 251,418 | 13,141 | 8.9 | 74% |
In its most recent public year (2023), this organization brought in $13,141 more than it spent. Its reserves stood at about 8.9 months of spending, up from 2.9 in 2020. Staff pay was 74% 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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