Elmwood Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 205,046 | 22,590 | 182,456 | 480.7 | 0% |
| 2013 | 47,315 | 33,600 | 13,715 | 328.1 | 0% |
| 2019 | 101,858 | 30,781 | 71,077 | 462.4 | 0% |
| 2020 | 82,129 | 49,971 | 32,158 | 275.4 | 0% |
| 2021 | 45,061 | 41,456 | 3,605 | 373.2 | 0% |
In its most recent public year (2021), this organization brought in $3,605 more than it spent. Its reserves stood at about 373.2 months of spending, down from 480.7 in 2012. 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 2021. 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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