Georgia School Boards Association Workers Compensation Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,909,829 | 7,451,732 | 8,458,097 | 73.2 | 0% |
| 2021 | 15,561,123 | 9,588,328 | 5,972,795 | 69.2 | 0% |
| 2022 | 15,076,432 | 10,562,480 | 4,513,952 | 63.4 | 0% |
| 2023 | 16,703,886 | 13,333,674 | 3,370,212 | 54.5 | 0% |
| 2024 | 20,644,938 | 17,673,011 | 2,971,927 | 44.2 | 0% |
In its most recent public year (2024), this organization brought in $2,971,927 more than it spent. Its reserves stood at about 44.2 months of spending, down from 73.2 in 2020. Staff pay was 0% 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 2024. 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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