Smithfield-Preston Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 82,313 | 71,964 | 10,349 | 72.6 | 0% |
| 2013 | 117,984 | 38,947 | 79,037 | 201.7 | 0% |
| 2014 | 2,460,329 | 60,722 | 2,399,607 | 658.4 | 46% |
| 2015 | 173,985 | 142,431 | 31,554 | 283.0 | 37% |
| 2016 | 206,799 | 130,849 | 75,950 | 314.0 | 34% |
| 2017 | 278,939 | 142,636 | 136,303 | 306.0 | 35% |
| 2018 | 182,283 | 154,752 | 27,531 | 286.2 | 31% |
| 2019 | 209,856 | 228,757 | −18,901 | 201.5 | 30% |
| 2020 | 191,715 | 344,456 | −152,741 | 118.0 | 37% |
| 2021 | 291,369 | 290,324 | 1,045 | 145.8 | 45% |
| 2022 | 389,597 | 347,380 | 42,217 | 118.6 | 41% |
| 2023 | 133,861 | 336,690 | −202,829 | 117.9 | 42% |
In its most recent public year (2023), this organization spent $202,829 more than it brought in. Its reserves stood at about 117.9 months of spending, up from 72.6 in 2011. Staff pay was 42% of spending. $181,992 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works