Colfax Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 247,095 | 43,077 | 204,018 | 109.0 | 0% |
| 2020 | 119,235 | 49,234 | 70,001 | 119.0 | 0% |
| 2021 | 55,975 | 49,997 | 5,978 | 124.8 | 0% |
| 2022 | 69,140 | 60,571 | 8,569 | 88.0 | — |
| 2023 | 65,991 | 55,992 | 9,999 | 103.1 | — |
In its most recent public year (2023), this organization brought in $9,999 more than it spent. Its reserves stood at about 103.1 months of spending, down from 109 in 2019.
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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