Shorewood Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,811,037 | 144,763 | 3,666,274 | 457.1 | 0% |
| 2021 | 667,737 | 19,496 | 648,241 | 3782.7 | 0% |
| 2022 | 21,998 | 170,622 | −148,624 | 353.2 | 5% |
| 2023 | 338,246 | 247,771 | 90,475 | 275.6 | 8% |
In its most recent public year (2023), this organization brought in $90,475 more than it spent. Its reserves stood at about 275.6 months of spending, down from 457.1 in 2020. Staff pay was 8% of spending. $1,922,229 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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