Sherwood & Myrtie Foster Home For Children
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,219,570 | 3,735,121 | −515,551 | 19.9 | 34% |
| 2013 | 3,618,546 | 4,214,548 | −596,002 | 16.1 | 27% |
| 2014 | 3,064,454 | 3,298,602 | −234,148 | 19.7 | 37% |
| 2015 | 3,737,084 | 3,248,640 | 488,444 | 21.7 | 39% |
| 2016 | 5,892,731 | 3,767,917 | 2,124,814 | 25.4 | 36% |
| 2017 | 5,252,357 | 3,440,012 | 1,812,345 | 34.1 | 42% |
| 2018 | 4,484,210 | 4,043,963 | 440,247 | 30.4 | 36% |
| 2019 | 5,199,721 | 4,736,917 | 462,804 | 27.1 | 32% |
| 2020 | 4,736,854 | 4,374,188 | 362,666 | 30.8 | 39% |
| 2021 | 5,786,613 | 5,618,436 | 168,177 | 24.0 | 37% |
| 2022 | 3,602,180 | 4,212,126 | −609,946 | 30.3 | 47% |
| 2023 | 3,346,136 | 4,190,742 | −844,606 | 28.0 | 44% |
In its most recent public year (2023), this organization spent $844,606 more than it brought in. Its reserves stood at about 28 months of spending, up from 19.9 in 2012. Staff pay was 44% of spending. $109,474 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
Sherwood & Myrtie Foster Home For Children's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works