Salem Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 210,403 | 177,594 | 32,809 | 162.9 | 0% |
| 2012 | 164,228 | 129,669 | 34,559 | 238.2 | 0% |
| 2013 | 296,697 | 201,115 | 95,582 | 180.9 | 0% |
| 2014 | 189,565 | 361,800 | −172,235 | 106.4 | 0% |
| 2015 | 281,950 | 213,912 | 68,038 | 180.0 | 0% |
| 2016 | 390,295 | 165,531 | 224,764 | 255.2 | 0% |
| 2017 | 374,331 | 171,953 | 202,378 | 272.5 | 0% |
| 2018 | 278,652 | 187,998 | 90,654 | 242.4 | 0% |
| 2019 | 176,075 | 178,769 | −2,694 | 297.5 | 0% |
| 2020 | 94,227 | 135,659 | −41,432 | 417.9 | 0% |
| 2021 | 333,099 | 193,328 | 139,771 | 342.0 | 0% |
| 2022 | 302,441 | 231,354 | 71,087 | 254.2 | 0% |
| 2023 | 287,998 | 225,715 | 62,283 | 281.9 | 3% |
In its most recent public year (2023), this organization brought in $62,283 more than it spent. Its reserves stood at about 281.9 months of spending, up from 162.9 in 2011. Staff pay was 3% 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
Salem Education Foundation'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