Selma Air Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 372,723 | 396,836 | −24,113 | 0.6 | 57% |
| 2012 | 314,103 | 326,213 | −12,110 | 0.9 | 47% |
| 2013 | 348,523 | 372,039 | −23,516 | 0.0 | 58% |
| 2014 | 478,490 | 512,284 | −33,794 | 0.1 | 62% |
| 2015 | 446,457 | 469,336 | −22,879 | -0.5 | 66% |
| 2016 | 549,393 | 527,176 | 22,217 | -0.4 | 77% |
| 2017 | 638,523 | 629,304 | 9,219 | -0.1 | 72% |
| 2018 | 618,806 | 603,833 | 14,973 | 0.1 | 64% |
| 2019 | 910,646 | 718,130 | 192,516 | 1.1 | 55% |
| 2020 | 1,000,817 | 1,013,685 | −12,868 | 0.6 | 65% |
| 2021 | 1,349,225 | 1,193,788 | 155,437 | 2.1 | 62% |
| 2022 | 1,520,840 | 1,358,432 | 162,408 | 3.3 | 62% |
| 2023 | 1,369,811 | 1,455,249 | −85,438 | 2.3 | 58% |
In its most recent public year (2023), this organization spent $85,438 more than it brought in. Its reserves stood at about 2.3 months of spending, up from 0.6 in 2011. Staff pay was 58% 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 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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