Maccurdy-Salisbury Educational
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 361,843 | 440,899 | −79,056 | 289.7 | 7% |
| 2021 | 305,520 | 433,849 | −128,329 | 322.4 | 7% |
| 2022 | −680,260 | 485,804 | −1,166,064 | 234.7 | 6% |
| 2023 | 433,923 | 475,905 | −41,982 | 257.0 | 6% |
In its most recent public year (2023), this organization spent $41,982 more than it brought in. Its reserves stood at about 257 months of spending, down from 289.7 in 2020. Staff pay was 6% of spending. $10,193,932 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
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