Springfield Area Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 115,469 | 108,784 | 6,685 | 39.0 | — |
| 2012 | 471,333 | 125,435 | 345,898 | 66.9 | 0% |
| 2013 | 646,849 | 89,005 | 557,844 | 161.3 | 0% |
| 2014 | 203,864 | 176,203 | 27,661 | 89.6 | 0% |
| 2015 | 180,464 | 318,687 | −138,223 | 42.6 | 0% |
| 2016 | 273,228 | 151,284 | 121,944 | 97.9 | 0% |
| 2017 | 162,327 | 154,457 | 7,870 | 98.9 | 0% |
| 2018 | 129,948 | 185,897 | −55,949 | 80.3 | 0% |
| 2019 | 411,730 | 171,857 | 239,873 | 105.0 | 0% |
| 2020 | 223,575 | 156,409 | 67,166 | 117.5 | 0% |
| 2021 | 259,140 | 224,886 | 34,254 | 96.2 | 0% |
| 2022 | 598,823 | 220,162 | 378,661 | 100.0 | 0% |
| 2023 | 270,953 | 340,961 | −70,008 | 64.0 | 0% |
In its most recent public year (2023), this organization spent $70,008 more than it brought in. Its reserves stood at about 64 months of spending, up from 39 in 2011. Staff pay was 0% of spending. $1,523,877 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
Springfield Area Education Foundation'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