Milford Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 31,316 | 24,434 | 6,882 | 206.1 | — |
| 2013 | 177,607 | 33,245 | 144,362 | 205.0 | 0% |
| 2014 | 1,673,422 | 105,514 | 1,567,908 | 242.9 | 0% |
| 2015 | 112,487 | 133,319 | −20,832 | 195.1 | 0% |
| 2016 | 238,833 | 100,501 | 138,332 | 275.3 | 0% |
| 2017 | 354,197 | 97,462 | 256,735 | 315.5 | 0% |
| 2018 | 127,388 | 172,403 | −45,015 | 175.2 | 0% |
| 2019 | 476,960 | 97,239 | 379,721 | 357.5 | 0% |
| 2020 | 305,684 | 101,762 | 203,922 | 365.7 | 0% |
| 2021 | 510,763 | 107,056 | 403,707 | 392.8 | 0% |
| 2022 | 140,786 | 423,885 | −283,099 | 91.2 | 0% |
| 2023 | 287,732 | 169,530 | 118,202 | 236.4 | 0% |
In its most recent public year (2023), this organization brought in $118,202 more than it spent. Its reserves stood at about 236.4 months of spending, up from 206.1 in 2011. 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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