Educational Foundation Of Lower Florence County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 83,354 | 13,245 | 70,109 | 177.4 | 0% |
| 2023 | 16,816 | 20,200 | −3,384 | 114.3 | 0% |
| 2024 | 20,568 | 35,542 | −14,974 | 59.9 | 23% |
In its most recent public year (2024), this organization spent $14,974 more than it brought in. Its reserves stood at about 59.9 months of spending, down from 177.4 in 2022. Staff pay was 23% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works