Spencer Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,203,039 | 947,718 | 255,321 | 83.5 | 0% |
| 2012 | 1,166,823 | 1,180,912 | −14,089 | 71.3 | 0% |
| 2013 | 2,333,528 | 1,238,183 | 1,095,345 | 75.8 | 0% |
| 2014 | 1,302,067 | 1,299,458 | 2,609 | 72.7 | 0% |
| 2015 | 1,415,952 | 1,433,419 | −17,467 | 62.8 | 0% |
| 2016 | 1,627,909 | 1,491,949 | 135,960 | 64.2 | 0% |
| 2017 | 2,085,875 | 1,663,913 | 421,962 | 64.5 | 0% |
| 2018 | 1,552,293 | 1,796,885 | −244,592 | 52.5 | 0% |
| 2019 | 2,516,420 | 2,464,367 | 52,053 | 42.0 | 0% |
| 2020 | 2,098,749 | 2,119,982 | −21,233 | 51.0 | 0% |
| 2021 | 2,416,660 | 1,904,653 | 512,007 | 58.5 | 22% |
| 2022 | 2,712,012 | 2,306,449 | 405,563 | 44.7 | 29% |
| 2023 | 2,484,287 | 2,733,177 | −248,890 | 39.8 | 33% |
In its most recent public year (2023), this organization spent $248,890 more than it brought in. Its reserves stood at about 39.8 months of spending, down from 83.5 in 2011. Staff pay was 33% of spending. $2,216,811 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
Spencer Educational Foundation Inc'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