Underwood Gt Magnet Elementary School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 86,033 | 3,898 | 82,135 | 252.9 | — |
| 2015 | 114,106 | 92,615 | 21,491 | 13.4 | — |
| 2016 | 111,241 | 106,004 | 5,237 | 12.3 | — |
| 2017 | 122,728 | 79,522 | 43,206 | 22.9 | — |
| 2018 | 90,489 | 11,345 | 79,144 | 244.6 | — |
| 2019 | 70,810 | 104,516 | −33,706 | 22.9 | — |
| 2020 | 51,475 | 88,025 | −36,550 | 22.2 | — |
| 2021 | 66,964 | 65,194 | 1,770 | 30.3 | — |
| 2022 | 82,198 | 41,848 | 40,350 | 58.7 | — |
| 2023 | 76,222 | 129,682 | −53,460 | 14.0 | — |
| 2024 | 72,054 | 58,601 | 13,453 | 33.7 | — |
In its most recent public year (2024), this organization brought in $13,453 more than it spent. Its reserves stood at about 33.7 months of spending, down from 252.9 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 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
Underwood Gt Magnet Elementary School Foundation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works