Semcac Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,260,046 | 14,347,838 | −87,792 | 2.5 | 35% |
| 2012 | 10,928,385 | 10,531,883 | 396,502 | 3.8 | 44% |
| 2013 | 10,643,349 | 11,184,652 | −541,303 | 3.0 | 42% |
| 2014 | 11,601,874 | 11,694,247 | −92,373 | 2.8 | 41% |
| 2015 | 12,096,604 | 11,924,740 | 171,864 | 2.9 | 45% |
| 2016 | 11,595,738 | 11,920,813 | −325,075 | 2.6 | 47% |
| 2017 | 12,257,370 | 12,204,508 | 52,862 | 2.6 | 47% |
| 2018 | 12,911,334 | 12,556,303 | 355,031 | 2.9 | 48% |
| 2019 | 14,638,878 | 13,156,299 | 1,482,579 | 4.1 | 47% |
| 2020 | 14,831,269 | 14,437,416 | 393,853 | 4.0 | 45% |
| 2021 | 16,344,124 | 15,790,498 | 553,626 | 4.1 | 42% |
| 2022 | 16,374,783 | 15,736,839 | 637,944 | 4.6 | 45% |
| 2023 | 20,100,073 | 17,373,823 | 2,726,250 | 6.1 | 43% |
In its most recent public year (2023), this organization brought in $2,726,250 more than it spent. Its reserves stood at about 6.1 months of spending, up from 2.5 in 2011. Staff pay was 43% of spending. $4,500,607 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
Semcac 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