Salem Italian American Educational Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 18,850 | 19,744 | −894 | 26.0 | — |
| 2015 | 32,949 | 21,289 | 11,660 | 40.7 | 0% |
| 2016 | 34,210 | 24,819 | 9,391 | 41.4 | 0% |
| 2017 | 42,651 | 28,269 | 14,382 | 43.2 | 0% |
| 2018 | 33,120 | 29,144 | 3,976 | 32.1 | 0% |
| 2019 | 33,273 | 30,997 | 2,276 | 44.8 | 0% |
| 2020 | 27,504 | 30,568 | −3,064 | 53.5 | 0% |
| 2021 | 68,793 | 31,875 | 36,918 | 56.5 | 0% |
| 2022 | 34,630 | 28,165 | 6,465 | 49.4 | 0% |
| 2023 | 32,643 | 36,299 | −3,656 | 45.7 | 0% |
In its most recent public year (2023), this organization spent $3,656 more than it brought in. Its reserves stood at about 45.7 months of spending, up from 26 in 2010. 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
Salem Italian American Educational Fund'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