Foundation For Salem Public Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 174,335 | 58,973 | 115,362 | 65.6 | 32% |
| 2012 | 76,685 | 44,806 | 31,879 | 90.9 | — |
| 2013 | 63,469 | 77,045 | −13,576 | 50.4 | — |
| 2014 | 59,118 | 75,990 | −16,872 | 51.4 | — |
| 2015 | 81,672 | 79,187 | 2,485 | 49.0 | — |
| 2017 | 65,034 | 100,213 | −35,179 | 26.8 | — |
| 2018 | 57,772 | 83,651 | −25,879 | 29.2 | — |
| 2023 | 35,062 | 38,806 | −3,744 | 71.6 | — |
| 2024 | 29,568 | 32,477 | −2,909 | 84.5 | — |
In its most recent public year (2024), this organization spent $2,909 more than it brought in. Its reserves stood at about 84.5 months of spending, up from 65.6 in 2011.
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 2024. 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
Foundation For Salem Public Education Inc's IRS filings as a feed — one entry per filing year, through 2024. 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