Springmont School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,992,128 | 4,852,435 | 139,693 | 10.2 | 59% |
| 2021 | 4,068,512 | 4,745,727 | −677,215 | 8.9 | 59% |
| 2022 | 6,656,139 | 5,157,876 | 1,498,263 | 11.5 | 59% |
| 2023 | 6,577,199 | 6,216,962 | 360,237 | 10.2 | 58% |
In its most recent public year (2023), this organization brought in $360,237 more than it spent. Its reserves stood at about 10.2 months of spending. Staff pay was 58% of spending. $66,437 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
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