Toledo Public Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 169,437 | 191,475 | −22,038 | 52.3 | 37% |
| 2012 | 242,333 | 192,524 | 49,809 | 54.1 | 39% |
| 2013 | 175,024 | 179,187 | −4,163 | 52.9 | 40% |
| 2014 | 125,904 | 204,628 | −78,724 | 44.5 | 35% |
| 2015 | 77,695 | 290,163 | −212,468 | 22.6 | 20% |
| 2016 | 154,159 | 56,807 | 97,352 | 137.2 | 0% |
| 2017 | 176,764 | 58,681 | 118,083 | 163.2 | 0% |
| 2018 | 100,255 | 106,654 | −6,399 | 29.2 | 50% |
| 2019 | 462,604 | 226,753 | 235,851 | 26.2 | 39% |
| 2020 | 478,224 | 408,830 | 69,394 | 16.6 | 33% |
| 2021 | 788,352 | 447,659 | 340,693 | 25.3 | 31% |
| 2022 | 965,334 | 524,752 | 440,582 | 29.3 | 24% |
| 2023 | 885,961 | 873,913 | 12,048 | 18.4 | 9% |
In its most recent public year (2023), this organization brought in $12,048 more than it spent. Its reserves stood at about 18.4 months of spending, down from 52.3 in 2011. Staff pay was 9% of spending. $708,934 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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