Frank W Shalkop Charitable Tr Fbo Salvation Army
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 4,639 | 5,367 | −728 | 562.8 | — |
| 2017 | 12,098 | 13,667 | −1,569 | 220.2 | — |
| 2018 | 14,335 | 9,468 | 4,867 | 324.4 | — |
| 2019 | 21,494 | 9,627 | 11,867 | 333.2 | — |
| 2021 | 28,107 | 11,783 | 16,324 | 297.2 | 38% |
| 2022 | 9,452 | 10,581 | −1,129 | 324.9 | 38% |
| 2023 | −4,682 | 12,883 | −17,565 | 263.7 | 30% |
In its most recent public year (2023), this organization spent $17,565 more than it brought in. Its reserves stood at about 263.7 months of spending, down from 562.8 in 2016. Staff pay was 30% 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 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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