Fort Smith Public Schools Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,225,069 | 26,150 | 1,198,919 | 1259.3 | 0% |
| 2021 | 699,348 | 794,322 | −94,974 | 40.0 | 0% |
| 2022 | 58,860 | 252,470 | −193,610 | 116.7 | 0% |
| 2023 | 523,725 | 338,443 | 185,282 | 93.6 | 0% |
In its most recent public year (2023), this organization brought in $185,282 more than it spent. Its reserves stood at about 93.6 months of spending, down from 1259.3 in 2020. Staff pay was 0% of spending. $1,101,322 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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