Salolampi Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 368,417 | 49,440 | 318,977 | 183.4 | 0% |
| 2012 | 201,553 | 72,468 | 129,085 | 162.1 | 0% |
| 2013 | 232,660 | 63,175 | 169,485 | 221.2 | 0% |
| 2014 | 70,200 | 64,351 | 5,849 | 221.3 | 0% |
| 2015 | 52,492 | 91,371 | −38,879 | 145.5 | 0% |
| 2016 | 89,515 | 88,060 | 1,455 | 163.1 | 0% |
| 2017 | 64,271 | 104,180 | −39,909 | 150.2 | 0% |
| 2018 | 62,300 | 108,976 | −46,676 | 128.5 | 0% |
| 2019 | 110,435 | 124,753 | −14,318 | 126.2 | 0% |
| 2020 | 97,062 | 29,742 | 67,320 | 606.7 | 0% |
| 2021 | 134,853 | 62,842 | 72,011 | 323.6 | 0% |
| 2022 | 97,824 | 52,783 | 45,041 | 342.4 | 0% |
| 2023 | 119,225 | 71,682 | 47,543 | 282.5 | 0% |
In its most recent public year (2023), this organization brought in $47,543 more than it spent. Its reserves stood at about 282.5 months of spending, up from 183.4 in 2011. Staff pay was 0% of spending. $1,620,061 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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