Simi Valley Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 88,031 | 98,223 | −10,192 | 26.8 | 34% |
| 2021 | 114,093 | 83,602 | 30,491 | 35.8 | 40% |
| 2022 | 53,536 | 84,703 | −31,167 | 30.9 | 39% |
| 2023 | 95,125 | 90,432 | 4,693 | 29.6 | 37% |
In its most recent public year (2023), this organization brought in $4,693 more than it spent. Its reserves stood at about 29.6 months of spending, up from 26.8 in 2020. Staff pay was 37% 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
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