School Employees Benefit Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,511,230 | 18,057,429 | 453,801 | 1.1 | 0% |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 19,703,105 | 19,285,550 | 417,555 | 1.6 | 0% |
| 2014 | 19,938,805 | 22,061,017 | −2,122,212 | 0.2 | 0% |
| 2015 | 20,275,782 | 19,555,540 | 720,242 | 0.7 | 0% |
| 2016 | 21,323,918 | 18,941,057 | 2,382,861 | 2.2 | 0% |
| 2017 | 20,987,870 | 22,243,363 | −1,255,493 | 1.2 | 0% |
| 2018 | 21,153,005 | 15,219,311 | 5,933,694 | 6.5 | 0% |
| 2019 | 20,952,837 | 23,205,629 | −2,252,792 | 3.1 | 0% |
| 2020 | 19,989,967 | 13,856,281 | 6,133,686 | 10.4 | 0% |
| 2021 | 18,759,577 | 18,451,426 | 308,151 | 8.0 | 0% |
| 2022 | 20,592,525 | 21,100,669 | −508,144 | 6.7 | 0% |
| 2023 | 19,919,810 | 25,254,195 | −5,334,385 | 3.1 | 0% |
In its most recent public year (2023), this organization spent $5,334,385 more than it brought in. Its reserves stood at about 3.1 months of spending, up from 1.1 in 2011. 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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