Nansemond-Suffolk Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2017 | 162,516 | 152,402 | 10,114 | 1.0 | — |
| 2018 | 288,092 | 236,725 | 51,367 | 3.2 | 0% |
| 2019 | 195,004 | 254,785 | −59,781 | 0.2 | — |
| 2020 | 210,093 | 203,469 | 6,624 | 0.6 | 0% |
| 2021 | 281,304 | 250,826 | 30,478 | 2.0 | 0% |
| 2022 | 185,504 | 172,248 | 13,256 | 3.8 | 0% |
| 2023 | 173,171 | 194,192 | −21,021 | 2.1 | — |
In its most recent public year (2023), this organization spent $21,021 more than it brought in. Its reserves stood at about 2.1 months 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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