Simmons & Associates Educational Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,979 | 87,162 | 7,817 | 33.5 | — |
| 2021 | 200,982 | 99,327 | 101,655 | 41.7 | 16% |
| 2022 | 151,019 | 101,070 | 49,949 | 46.9 | 13% |
| 2023 | 199,971 | 132,651 | 67,320 | 41.8 | 9% |
In its most recent public year (2023), this organization brought in $67,320 more than it spent. Its reserves stood at about 41.8 months of spending, up from 33.5 in 2020. Staff pay was 9% 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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