Springfield Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,893,410 | 2,548,421 | 344,989 | 120.0 | 9% |
| 2012 | 4,964,169 | 2,917,480 | 2,046,689 | 119.0 | 9% |
| 2013 | 3,066,849 | 3,169,178 | −102,329 | 119.3 | 9% |
| 2014 | 3,278,347 | 2,931,781 | 346,566 | 133.0 | 10% |
| 2015 | 4,119,475 | 3,664,980 | 454,495 | 103.7 | 9% |
| 2016 | 3,469,895 | 3,242,398 | 227,497 | 122.7 | 10% |
| 2017 | 7,016,250 | 3,784,824 | 3,231,426 | 122.2 | 9% |
| 2018 | 5,486,144 | 3,550,112 | 1,936,032 | 127.3 | 11% |
| 2019 | 4,828,492 | 4,241,969 | 586,523 | 120.0 | 10% |
| 2021 | 10,170,377 | 3,772,963 | 6,397,414 | 184.8 | 12% |
| 2022 | 7,221,415 | 5,602,894 | 1,618,521 | 110.6 | 9% |
| 2023 | 18,054,801 | 4,857,662 | 13,197,139 | 171.0 | 11% |
In its most recent public year (2023), this organization brought in $13,197,139 more than it spent. Its reserves stood at about 171 months of spending, up from 120 in 2011. Staff pay was 11% of spending. $56,264,107 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
Springfield Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works