Savoy Memorial Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 227,718 | 612,741 | −385,023 | 342.6 | 0% |
| 2013 | 135,627 | 632,361 | −496,734 | 322.5 | 0% |
| 2014 | 100,876 | 638,013 | −537,137 | 309.6 | 0% |
| 2015 | 62,300 | 579,147 | −516,847 | 330.3 | 0% |
| 2016 | 68,875 | 553,439 | −484,564 | 335.2 | 0% |
| 2017 | −167,925 | 492,249 | −660,174 | 360.7 | 0% |
| 2018 | 191,470 | 263,333 | −71,863 | 671.0 | 0% |
| 2019 | 319,691 | 362,781 | −43,090 | 485.7 | 0% |
| 2020 | 304,644 | 267,341 | 37,303 | 660.7 | 0% |
| 2021 | 135,854 | 230,372 | −94,518 | 761.8 | 0% |
| 2022 | 28,025 | 201,568 | −173,543 | 855.2 | 0% |
| 2023 | 305,700 | 1,163,858 | −858,158 | 141.2 | 0% |
| 2024 | 446,211 | 1,650,236 | −1,204,025 | 92.2 | 0% |
In its most recent public year (2024), this organization spent $1,204,025 more than it brought in. Its reserves stood at about 92.2 months of spending, down from 342.6 in 2012. Staff pay was 0% 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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