Norwalk Student Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 125,421 | 61,535 | 63,886 | 46.4 | — |
| 2021 | 97,643 | 108,796 | −11,153 | 25.0 | — |
| 2022 | 101,944 | 96,517 | 5,427 | 28.9 | — |
In its most recent public year (2022), this organization brought in $5,427 more than it spent. Its reserves stood at about 28.9 months of spending, down from 46.4 in 2020.
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 2022. 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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