Clovis Municipal Schools Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 132,251 | 79,824 | 52,427 | 118.0 | 19% |
| 2021 | 152,078 | 109,760 | 42,318 | 92.4 | 14% |
| 2022 | 131,058 | 86,593 | 44,465 | 122.9 | 17% |
| 2023 | 130,016 | 80,065 | 49,951 | 141.3 | 29% |
| 2024 | 136,688 | 80,298 | 56,390 | 151.0 | 29% |
In its most recent public year (2024), this organization brought in $56,390 more than it spent. Its reserves stood at about 151 months of spending, up from 118 in 2020. Staff pay was 29% 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 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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