Spring Hill College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,937 | 6,502 | −2,565 | 583.6 | 23% |
| 2021 | 140 | 6,689 | −6,549 | 555.5 | 22% |
| 2022 | 2,927,719 | 3,030,778 | −103,059 | 0.8 | 0% |
| 2023 | 2,439 | 6,004 | −3,565 | 405.8 | 25% |
In its most recent public year (2023), this organization spent $3,565 more than it brought in. Its reserves stood at about 405.8 months of spending, down from 583.6 in 2020. Staff pay was 25% 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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