Foundation For Clovis Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 181,462 | 289,350 | −107,888 | 81.5 | 0% |
| 2021 | 375,821 | 207,667 | 168,154 | 130.4 | 0% |
| 2022 | 408,293 | 377,332 | 30,961 | 71.8 | 0% |
| 2023 | 5,440,960 | 310,329 | 5,130,631 | 287.8 | 0% |
In its most recent public year (2023), this organization brought in $5,130,631 more than it spent. Its reserves stood at about 287.8 months of spending, up from 81.5 in 2020. Staff pay was 0% of spending. $557,129 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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