Solomon Schechter Academy Of New London County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 147,792 | 95,979 | 51,813 | 24.4 | 67% |
| 2022 | 377 | 5,339 | −4,962 | 427.6 | — |
| 2023 | 2,675 | 117,398 | −114,723 | 7.7 | — |
In its most recent public year (2023), this organization spent $114,723 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 24.4 in 2021.
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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