Michael Skoubis Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 52,699 | 4,025 | 48,674 | 145.1 | — |
| 2017 | 51,329 | 54,475 | −3,146 | 10.0 | — |
| 2018 | 11,641 | 17,391 | −5,750 | 27.4 | — |
| 2019 | 36,567 | 19,935 | 16,632 | 34.0 | — |
| 2020 | 500 | 13,779 | −13,279 | 37.6 | — |
| 2021 | 56,604 | 11,825 | 44,779 | 89.2 | — |
| 2022 | 23,456 | 23,374 | 82 | 45.2 | — |
| 2023 | 38,080 | 14,981 | 23,099 | 89.0 | — |
In its most recent public year (2023), this organization brought in $23,099 more than it spent. Its reserves stood at about 89 months of spending, down from 145.1 in 2016.
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
Michael Skoubis 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