Schenectady Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 247,146 | 230,294 | 16,852 | 2.3 | 30% |
| 2012 | 325,665 | 333,092 | −7,427 | 1.3 | 28% |
| 2013 | 219,538 | 243,090 | −23,552 | 0.6 | 41% |
| 2014 | 525,508 | 460,021 | 65,487 | 2.0 | 29% |
| 2015 | 523,593 | 484,986 | 38,607 | 2.9 | 39% |
| 2016 | 508,764 | 441,085 | 67,679 | 5.0 | 49% |
| 2017 | 519,578 | 527,430 | −7,852 | 4.0 | 49% |
| 2018 | 815,584 | 663,126 | 152,458 | 5.9 | 48% |
| 2019 | 936,662 | 780,269 | 156,393 | 7.5 | 37% |
| 2020 | 1,030,586 | 932,743 | 97,843 | 6.1 | 37% |
| 2021 | 946,152 | 938,478 | 7,674 | 6.2 | 33% |
| 2022 | 1,104,395 | 938,530 | 165,865 | 8.3 | 41% |
| 2023 | 736,964 | 917,369 | −180,405 | 6.1 | 43% |
In its most recent public year (2023), this organization spent $180,405 more than it brought in. Its reserves stood at about 6.1 months of spending, up from 2.3 in 2011. Staff pay was 43% of spending. $283,282 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
Schenectady 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