South Shore Charter Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 657,762 | 359,906 | 297,856 | 3.4 | 0% |
| 2021 | 666,668 | 311,629 | 355,039 | 18.2 | 0% |
| 2022 | 634,199 | 302,325 | 331,874 | 31.7 | 0% |
| 2023 | 663,716 | 310,455 | 353,261 | 44.8 | 0% |
In its most recent public year (2023), this organization brought in $353,261 more than it spent. Its reserves stood at about 44.8 months of spending, up from 3.4 in 2020. Staff pay was 0% of spending. $29,336 of its net assets are donor-restricted.
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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