Spring Lake Public Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 120,399 | 129,130 | −8,731 | 3.9 | — |
| 2014 | 139,209 | 144,936 | −5,727 | 3.0 | — |
| 2015 | 160,970 | 198,174 | −37,204 | 2.6 | 0% |
| 2016 | 173,035 | 196,780 | −23,745 | 1.1 | 0% |
| 2017 | 237,089 | 231,370 | 5,719 | 1.3 | 0% |
| 2018 | 171,185 | 153,947 | 17,238 | 3.2 | 0% |
| 2019 | 213,650 | 123,039 | 90,611 | 12.9 | 0% |
| 2020 | 156,566 | 225,051 | −68,485 | 3.4 | — |
| 2021 | 78,395 | 45,047 | 33,348 | 25.9 | — |
| 2022 | 183,653 | 193,407 | −9,754 | 5.4 | 0% |
| 2023 | 152,317 | 132,601 | 19,716 | 9.7 | 0% |
| 2024 | 211,739 | 208,039 | 3,700 | 6.4 | 0% |
In its most recent public year (2024), this organization brought in $3,700 more than it spent. Its reserves stood at about 6.4 months of spending, up from 3.9 in 2013. 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
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