Shannon Business Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,224,218 | 8,702,080 | −477,862 | 5.0 | 26% |
| 2012 | 8,391,015 | 7,323,174 | 1,067,841 | 6.2 | 30% |
| 2013 | 7,906,378 | 8,415,718 | −509,340 | 6.0 | 27% |
| 2014 | 9,861,031 | 10,476,224 | −615,193 | 5.7 | 22% |
| 2015 | 10,603,689 | 11,826,592 | −1,222,903 | 5.4 | 20% |
| 2016 | 11,665,538 | 12,386,069 | −720,531 | 5.4 | 19% |
| 2017 | 11,723,971 | 12,902,205 | −1,178,234 | 5.9 | 17% |
| 2018 | 14,082,221 | 14,909,230 | −827,009 | 4.2 | 15% |
| 2019 | 16,328,723 | 17,130,666 | −801,943 | 4.0 | 14% |
| 2020 | 10,436,754 | 10,860,718 | −423,964 | 5.5 | 27% |
| 2021 | 14,101,592 | 13,822,788 | 278,804 | 5.5 | 24% |
| 2022 | 17,555,451 | 17,479,843 | 75,608 | 5.1 | 22% |
| 2023 | 20,038,431 | 21,195,455 | −1,157,024 | 4.4 | 21% |
In its most recent public year (2023), this organization spent $1,157,024 more than it brought in. Its reserves stood at about 4.4 months of spending. Staff pay was 21% of spending. $4,112,156 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
Shannon Business Services 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