Spencer Flight And Education Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 447,583 | 50,608 | 396,975 | 94.1 | 0% |
| 2013 | 35,546 | 32,278 | 3,268 | 156.4 | 0% |
| 2014 | 59,100 | 62,058 | −2,958 | 80.8 | 0% |
| 2015 | 31,744 | 48,748 | −17,004 | 99.3 | 0% |
| 2016 | 32,985 | 51,610 | −18,625 | 89.4 | 0% |
| 2017 | 36,318 | 42,763 | −6,445 | 106.1 | 0% |
| 2018 | 21,463 | 40,504 | −19,041 | 106.4 | 0% |
| 2019 | 23,291 | 37,687 | −14,396 | 109.8 | 0% |
| 2020 | 51,561 | 70,988 | −19,427 | 55.0 | 0% |
| 2021 | 78,279 | 79,752 | −1,473 | 48.7 | 0% |
| 2022 | 13,649 | 46,929 | −33,280 | 74.3 | 0% |
| 2023 | 119,996 | 107,319 | 12,677 | 33.9 | 0% |
In its most recent public year (2023), this organization brought in $12,677 more than it spent. Its reserves stood at about 33.9 months of spending, down from 94.1 in 2012. Staff pay was 0% 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 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
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