Springboard Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 58,929 | 43,819 | 15,110 | 9.1 | 34% |
| 2018 | 38,936 | 67,271 | −28,335 | 0.9 | 27% |
| 2019 | 69,263 | 40,174 | 29,089 | 10.1 | 7% |
| 2020 | 47,480 | 67,106 | −19,626 | 2.6 | 47% |
In its most recent public year (2020), this organization spent $19,626 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 9.1 in 2017. Staff pay was 47% 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 2020. 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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