Summit For Stem Cell Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 618,904 | 106,039 | 512,865 | 58.0 | 0% |
| 2018 | 435,577 | 747,811 | −312,234 | 3.2 | 0% |
| 2019 | 171,487 | 88,730 | 82,757 | 38.3 | — |
| 2020 | 101,592 | 83,056 | 18,536 | 43.6 | — |
| 2021 | 93,024 | 125,122 | −32,098 | 25.9 | — |
| 2022 | 61,234 | 68,697 | −7,463 | 45.8 | — |
| 2023 | 73,253 | 103,049 | −29,796 | 27.1 | — |
In its most recent public year (2023), this organization spent $29,796 more than it brought in. Its reserves stood at about 27.1 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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