Bancroft School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,601,806 | 14,069,743 | 532,063 | 22.9 | 45% |
| 2012 | 14,899,326 | 14,839,267 | 60,059 | 20.9 | 45% |
| 2013 | 15,558,970 | 14,941,462 | 617,508 | 22.7 | 43% |
| 2014 | 16,747,707 | 15,627,620 | 1,120,087 | 24.1 | 43% |
| 2015 | 18,307,347 | 16,322,854 | 1,984,493 | 22.2 | 44% |
| 2016 | 20,048,741 | 17,017,294 | 3,031,447 | 22.1 | 44% |
| 2017 | 17,194,381 | 18,415,600 | −1,221,219 | 21.1 | 41% |
| 2018 | 18,152,761 | 18,214,447 | −61,686 | 21.5 | 41% |
| 2019 | 16,510,872 | 18,574,037 | −2,063,165 | 19.8 | 41% |
| 2020 | 15,668,076 | 18,533,055 | −2,864,979 | 17.7 | 39% |
| 2021 | 18,921,799 | 18,840,326 | 81,473 | 20.6 | 37% |
| 2022 | 19,220,452 | 20,109,315 | −888,863 | 15.2 | 36% |
| 2023 | 18,569,536 | 21,711,908 | −3,142,372 | 12.4 | 0% |
In its most recent public year (2023), this organization spent $3,142,372 more than it brought in. Its reserves stood at about 12.4 months of spending, down from 22.9 in 2011. Staff pay was 0% of spending. $13,109,241 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
Bancroft School'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