Sandusky Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 347,030 | 92,023 | 255,007 | 35.3 | 54% |
| 2019 | 340,612 | 63,066 | 277,546 | 107.0 | 63% |
| 2020 | 140,205 | 45,934 | 94,271 | 171.8 | 66% |
| 2021 | 366,666 | 39,765 | 326,901 | 297.7 | 75% |
| 2022 | 237,529 | 415,928 | −178,399 | 23.2 | 7% |
| 2023 | 1,866,742 | 1,008,249 | 858,493 | 20.0 | 3% |
In its most recent public year (2023), this organization brought in $858,493 more than it spent. Its reserves stood at about 20 months of spending, down from 35.3 in 2018. Staff pay was 3% of spending. $1,681,739 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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