Sumter Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 113,568 | 66,024 | 47,544 | 15.4 | — |
| 2018 | 256,985 | 311,075 | −54,090 | 1.2 | 0% |
| 2019 | 257,103 | 161,688 | 95,415 | 9.4 | 0% |
| 2021 | 89,727 | 53,799 | 35,928 | 31.8 | — |
| 2022 | 8,739 | 121,786 | −113,047 | 2.9 | — |
| 2023 | 5,824 | 4,303 | 1,521 | 87.0 | — |
In its most recent public year (2023), this organization brought in $1,521 more than it spent. Its reserves stood at about 87 months of spending, up from 15.4 in 2017.
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
Sumter 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