Sorensen Magnet School Of The Arts And Humanities Parent-Teacher Org
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 93,124 | 71,645 | 21,479 | 3.6 | — |
| 2015 | 74,407 | 73,957 | 450 | 3.6 | — |
| 2016 | 72,455 | 72,400 | 55 | 3.6 | — |
| 2017 | 64,886 | 68,822 | −3,936 | 3.1 | — |
| 2018 | 101,153 | 6,793 | 94,360 | 198.6 | — |
| 2019 | 94,802 | 67,942 | 26,860 | 24.6 | — |
| 2020 | 97,061 | 88,318 | 8,743 | 20.1 | — |
| 2021 | 70,886 | 58,370 | 12,516 | 33.0 | — |
| 2022 | 131,372 | 42,465 | 88,907 | 70.5 | — |
| 2023 | 137,058 | 61,298 | 75,760 | 63.7 | — |
In its most recent public year (2023), this organization brought in $75,760 more than it spent. Its reserves stood at about 63.7 months of spending, up from 3.6 in 2014.
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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