Silver Spring Neighborhood Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,842,145 | 2,682,781 | 159,364 | 7.7 | 53% |
| 2022 | 2,750,179 | 2,717,985 | 32,194 | 7.8 | 56% |
| 2023 | 2,979,316 | 3,127,205 | −147,889 | 6.2 | 52% |
In its most recent public year (2023), this organization spent $147,889 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 7.7 in 2021. Staff pay was 52% of spending. $328,965 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
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