Springs Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,592,318 | 3,032,864 | 559,454 | 9.2 | 56% |
| 2021 | 4,084,452 | 4,025,771 | 58,681 | 7.1 | 61% |
| 2022 | 4,559,425 | 4,592,627 | −33,202 | 6.2 | 65% |
| 2023 | 4,539,346 | 4,875,434 | −336,088 | 5.0 | 65% |
In its most recent public year (2023), this organization spent $336,088 more than it brought in. Its reserves stood at about 5 months of spending, down from 9.2 in 2020. Staff pay was 65% 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 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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