Smyrna-Lavergne Food Bank
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 213,214 | 234,101 | −20,887 | 7.2 | 25% |
| 2013 | 220,308 | 209,371 | 10,937 | 8.7 | 27% |
| 2014 | 246,720 | 212,073 | 34,647 | 10.6 | 29% |
| 2015 | 465,039 | 403,296 | 61,743 | 7.4 | 23% |
| 2016 | 631,380 | 579,921 | 51,459 | 6.2 | 16% |
| 2017 | 653,253 | 627,034 | 26,219 | 6.2 | 15% |
| 2018 | 1,259,482 | 973,418 | 286,064 | 7.5 | 14% |
| 2019 | 2,190,972 | 1,507,016 | 683,956 | 10.3 | 14% |
| 2020 | 3,674,060 | 3,052,037 | 622,023 | 7.5 | 7% |
| 2021 | 4,605,717 | 4,133,823 | 471,894 | 6.9 | 6% |
| 2022 | 2,432,881 | 3,550,551 | −1,117,670 | 4.0 | 9% |
| 2023 | 1,990,795 | 1,976,035 | 14,760 | 7.2 | 13% |
In its most recent public year (2023), this organization brought in $14,760 more than it spent. Its reserves stood at about 7.2 months of spending. Staff pay was 13% of spending. $67,953 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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