R E Townsend Educational Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,500 | 27,077 | 23,423 | 370.2 | 6% |
| 2012 | 35,960 | 29,059 | 6,901 | 347.8 | 5% |
| 2013 | 58,247 | 30,061 | 28,186 | 347.5 | 5% |
| 2014 | 31,508 | 31,733 | −225 | 329.1 | 5% |
| 2015 | 59,842 | 33,061 | 26,781 | 325.6 | 4% |
| 2016 | 185,495 | 24,341 | 161,154 | 521.7 | 6% |
| 2017 | 52,472 | 33,840 | 18,632 | 381.9 | 5% |
| 2018 | 63,809 | 38,118 | 25,691 | 347.1 | 4% |
| 2019 | 61,865 | 40,012 | 21,853 | 337.2 | 5% |
| 2020 | 54,682 | 42,980 | 11,702 | 317.2 | 4% |
| 2021 | 67,946 | 43,617 | 24,329 | 319.3 | 4% |
| 2022 | 75,400 | 30,032 | 45,368 | 481.8 | 6% |
| 2023 | 10,679 | 33,803 | −23,124 | 419.8 | 5% |
| 2024 | 49,957 | 24,591 | 25,366 | 589.5 | 7% |
In its most recent public year (2024), this organization brought in $25,366 more than it spent. Its reserves stood at about 589.5 months of spending, up from 370.2 in 2011. Staff pay was 7% of spending.
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
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