Smeco Workers Compensation Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 589,903 | 434,249 | 155,654 | -7.8 | 1% |
| 2012 | 455,129 | 492,109 | −36,980 | -7.8 | 1% |
| 2013 | 490,559 | 505,552 | −14,993 | -7.9 | 0% |
| 2014 | 570,199 | 551,163 | 19,036 | -6.8 | 1% |
| 2015 | 783,292 | 385,680 | 397,612 | 2.6 | 1% |
| 2016 | 794,610 | 319,503 | 475,107 | 21.0 | 0% |
| 2017 | 499,173 | 470,647 | 28,526 | 15.0 | 0% |
| 2018 | 498,033 | 929,827 | −431,794 | 2.0 | 0% |
| 2019 | 753,922 | 646,292 | 107,630 | 4.9 | 0% |
| 2020 | 794,460 | 400,644 | 393,816 | 19.7 | 0% |
| 2021 | 820,479 | 584,714 | 235,765 | 18.3 | 0% |
| 2022 | 847,261 | 952,213 | −104,952 | 9.9 | 0% |
| 2023 | 1,692,044 | 743,946 | 948,098 | 28.0 | 0% |
In its most recent public year (2023), this organization brought in $948,098 more than it spent. Its reserves stood at about 28 months of spending, up from -7.8 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
Smeco Workers Compensation Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works