King Springs Elementary School Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 74,744 | 107,305 | −32,561 | 11.0 | — |
| 2021 | 72,292 | 0 | 72,292 | — | — |
| 2022 | 95,494 | 80,505 | 14,989 | 12.0 | — |
| 2023 | 129,654 | 114,180 | 15,474 | 10.1 | — |
| 2024 | 123,788 | 144,448 | −20,660 | 6.3 | — |
In its most recent public year (2024), this organization spent $20,660 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 11 in 2020.
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
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