Springfield Empowerment Zone Partnership Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 395,379 | 395,379 | 0 | 0.0 | 46% |
| 2017 | 1,536,606 | 723,962 | 812,644 | 13.5 | 76% |
| 2018 | 1,840,351 | 1,550,039 | 290,312 | 8.5 | 63% |
| 2019 | 1,331,371 | 2,045,044 | −713,673 | 2.3 | 50% |
| 2020 | 2,301,263 | 2,004,837 | 296,426 | 4.1 | 61% |
| 2021 | 2,917,400 | 2,108,687 | 808,713 | 8.5 | 60% |
| 2022 | 3,615,602 | 3,693,146 | −77,544 | 4.6 | 36% |
| 2023 | 4,919,463 | 5,261,807 | −342,344 | 2.5 | 30% |
In its most recent public year (2023), this organization spent $342,344 more than it brought in. Its reserves stood at about 2.5 months of spending, up from 0 in 2016. Staff pay was 30% of spending. $1,091,925 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 Empowerment Zone Partnership Inc'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