Petal School District Education Foundation Trust Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 180,105 | 237,665 | −57,560 | 26.6 | 0% |
| 2012 | 211,623 | 175,719 | 35,904 | 38.4 | 0% |
| 2013 | 170,432 | 141,509 | 28,923 | 50.2 | 0% |
| 2014 | 268,379 | 193,539 | 74,840 | 41.3 | 0% |
| 2015 | 210,314 | 213,971 | −3,657 | 34.8 | 0% |
| 2016 | 177,711 | 169,992 | 7,719 | 42.7 | 0% |
| 2017 | 294,703 | 205,529 | 89,174 | 42.3 | 0% |
| 2018 | 170,514 | 197,043 | −26,529 | 42.2 | 0% |
| 2019 | 298,383 | 251,410 | 46,973 | 35.5 | 0% |
| 2020 | 233,491 | 188,729 | 44,762 | 46.6 | 0% |
| 2021 | 208,840 | 152,336 | 56,504 | 69.4 | 0% |
| 2022 | 266,456 | 184,039 | 82,417 | 59.7 | 0% |
| 2023 | 325,517 | 201,162 | 124,355 | 62.1 | 16% |
| 2024 | 551,659 | 206,405 | 345,254 | 81.4 | 21% |
In its most recent public year (2024), this organization brought in $345,254 more than it spent. Its reserves stood at about 81.4 months of spending, up from 26.6 in 2011. Staff pay was 21% of spending. $892,607 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 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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