Salem Community Schools Veba Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 137,308 | 148,128 | −10,820 | 77.7 | 0% |
| 2014 | 153,259 | 161,935 | −8,676 | 70.5 | 0% |
| 2015 | 65,578 | 79,219 | −13,641 | 142.0 | 0% |
| 2016 | 19,793 | 104,245 | −84,452 | 98.3 | 0% |
| 2017 | 141,390 | 46,598 | 94,792 | 244.5 | 0% |
| 2018 | 126,218 | 34,709 | 91,509 | 358.4 | 0% |
| 2019 | 107,700 | 49,504 | 58,196 | 265.4 | 0% |
| 2020 | 78,756 | 85,170 | −6,414 | 153.3 | 0% |
| 2021 | 468,904 | 187,107 | 281,797 | 87.9 | 0% |
| 2022 | 222,129 | 126,251 | 95,878 | 119.5 | 0% |
| 2023 | 155,209 | 127,012 | 28,197 | 121.4 | 0% |
In its most recent public year (2023), this organization brought in $28,197 more than it spent. Its reserves stood at about 121.4 months of spending, up from 77.7 in 2013. 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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