Southmore Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 307,911 | 203,675 | 104,236 | 24.7 | 27% |
| 2011 | 288,322 | 227,427 | 60,895 | 30.3 | 24% |
| 2012 | 373,341 | 358,933 | 14,408 | 21.5 | 22% |
| 2013 | 997,709 | 373,689 | 624,020 | 40.8 | 26% |
| 2014 | 670,732 | 344,930 | 325,802 | 55.5 | 25% |
| 2015 | 1,859,288 | 349,502 | 1,509,786 | 106.6 | 28% |
| 2016 | 2,040,322 | 417,616 | 1,622,706 | 135.9 | 28% |
| 2017 | 733,879 | 586,198 | 147,681 | 99.8 | 25% |
| 2018 | 1,089,974 | 599,804 | 490,170 | 107.4 | 2% |
| 2019 | 1,531,618 | 601,825 | 929,793 | 125.7 | 26% |
| 2020 | 703,625 | 600,409 | 103,216 | 128.0 | 27% |
| 2021 | 708,148 | 616,010 | 92,138 | 126.6 | 32% |
| 2022 | 634,136 | 672,385 | −38,249 | 117.3 | 32% |
| 2023 | 687,397 | 701,529 | −14,132 | 112.2 | 30% |
In its most recent public year (2023), this organization spent $14,132 more than it brought in. Its reserves stood at about 112.2 months of spending, up from 24.7 in 2010. Staff pay was 30% 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
Southmore Foundation Inc'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