Seminole State College Educational Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,527,580 | 1,458,061 | 69,519 | 42.3 | 6% |
| 2021 | 1,498,225 | 1,404,953 | 93,272 | 45.6 | 4% |
| 2022 | 2,306,423 | 2,229,578 | 76,845 | 26.5 | 3% |
| 2023 | 3,415,676 | 2,644,354 | 771,322 | 36.7 | 3% |
In its most recent public year (2023), this organization brought in $771,322 more than it spent. Its reserves stood at about 36.7 months of spending, down from 42.3 in 2020. Staff pay was 3% of spending. $5,869,667 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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