Smith Agency
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,814,007 | 12,553,893 | 3,260,114 | 19.8 | 51% |
| 2021 | 17,358,773 | 13,066,295 | 4,292,478 | 23.0 | 46% |
| 2022 | 18,577,149 | 15,510,151 | 3,066,998 | 21.7 | 44% |
| 2023 | 22,618,512 | 17,837,122 | 4,781,390 | 22.1 | 43% |
In its most recent public year (2023), this organization brought in $4,781,390 more than it spent. Its reserves stood at about 22.1 months of spending, up from 19.8 in 2020. Staff pay was 43% 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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