Speda Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 153,530 | 326 | 153,204 | 6044.3 | — |
| 2022 | 140,078 | 511,329 | −371,251 | -4.9 | — |
| 2023 | 15,200 | 41,506 | −26,306 | -67.5 | — |
In its most recent public year (2023), this organization spent $26,306 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-67.5 months), down from 6044.3 in 2021.
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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