Schoolcraft Learning Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,030,316 | 3,076,168 | −45,852 | -5.2 | 53% |
| 2022 | 3,135,171 | 3,081,013 | 54,158 | -5.0 | 58% |
| 2023 | 3,922,771 | 2,878,068 | 1,044,703 | -1.0 | 58% |
In its most recent public year (2023), this organization brought in $1,044,703 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1 months), up from -5.2 in 2021. Staff pay was 58% of spending. $44,311 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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