Southwest Renewal Foundation Of High Point
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 539,383 | 182,990 | 356,393 | 41.3 | 18% |
| 2021 | 134,089 | 58,973 | 75,116 | 143.4 | 45% |
| 2022 | 249,349 | 87,772 | 161,577 | 118.4 | 55% |
| 2023 | 398,565 | 318,191 | 80,374 | 35.7 | 20% |
In its most recent public year (2023), this organization brought in $80,374 more than it spent. Its reserves stood at about 35.7 months of spending, down from 41.3 in 2020. Staff pay was 20% of spending. $515,616 of its net assets are donor-restricted.
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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