Nellie L Sparrell Educational Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 16,161 | 14,092 | 2,069 | 412.9 | — |
| 2017 | 57,044 | 16,457 | 40,587 | 417.2 | 0% |
| 2018 | 40,201 | 20,510 | 19,691 | 296.7 | 0% |
| 2023 | 41,597 | 18,211 | 23,386 | 548.3 | 0% |
In its most recent public year (2023), this organization brought in $23,386 more than it spent. Its reserves stood at about 548.3 months of spending, up from 412.9 in 2015. 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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