Sparrow Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 15,471 | 14,788 | 683 | 0.6 | 0% |
| 2016 | 99,690 | 90,319 | 9,371 | 1.3 | 0% |
| 2018 | 327,160 | 360,185 | −33,025 | 0.3 | 0% |
| 2019 | 544,322 | 294,009 | 250,313 | 10.6 | 76% |
| 2020 | 666,886 | 499,936 | 166,950 | 8.1 | 65% |
| 2021 | 658,456 | 607,623 | 50,833 | 7.6 | 70% |
In its most recent public year (2021), this organization brought in $50,833 more than it spent. Its reserves stood at about 7.6 months of spending, up from 0.6 in 2015. Staff pay was 70% 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 2021. 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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