San Angelo Area Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,793,761 | 13,772,098 | 19,021,663 | 118.8 | 4% |
| 2021 | 42,062,458 | 17,457,525 | 24,604,933 | 110.0 | 4% |
| 2022 | 36,626,933 | 13,249,615 | 23,377,318 | 129.1 | 5% |
| 2023 | 25,016,285 | 15,433,939 | 9,582,346 | 130.6 | 5% |
In its most recent public year (2023), this organization brought in $9,582,346 more than it spent. Its reserves stood at about 130.6 months of spending, up from 118.8 in 2020. Staff pay was 5% of spending. $164,877,803 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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