South Carolina First Steps To School Readiness Board Of Trustees
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 426,421 | 437,977 | −11,556 | 3.3 | 41% |
| 2021 | 530,992 | 460,564 | 70,428 | 5.0 | 46% |
| 2022 | 568,118 | 617,018 | −48,900 | 2.8 | 41% |
| 2023 | 587,351 | 609,350 | −21,999 | 2.4 | 44% |
In its most recent public year (2023), this organization spent $21,999 more than it brought in. Its reserves stood at about 2.4 months of spending. Staff pay was 44% 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
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