Spalding Academy Endowment Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 117,383 | 76,790 | 40,593 | 306.2 | 2% |
| 2019 | 129,331 | 88,560 | 40,771 | 274.7 | 0% |
| 2020 | 1,364,364 | 123,789 | 1,240,575 | 306.8 | 0% |
| 2021 | 450,172 | 218,805 | 231,367 | 209.7 | 2% |
| 2022 | 289,819 | 194,905 | 94,914 | 196.9 | 10% |
| 2023 | 198,896 | 183,211 | 15,685 | 224.8 | 0% |
| 2024 | 162,598 | 183,552 | −20,954 | 236.4 | 0% |
In its most recent public year (2024), this organization spent $20,954 more than it brought in. Its reserves stood at about 236.4 months of spending, down from 306.2 in 2018. 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 2024. 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
Spalding Academy Endowment Foundation Inc's IRS filings as a feed — one entry per filing year, through 2024. 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