Sequim Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 35,751 | 36,662 | −911 | 63.1 | 0% |
| 2013 | 50,385 | 29,338 | 21,047 | 87.5 | 0% |
| 2014 | 337,046 | 42,861 | 294,185 | 157.0 | 0% |
| 2015 | 686,515 | 54,630 | 631,885 | 245.3 | 0% |
| 2016 | 68,740 | 84,534 | −15,794 | 167.1 | 0% |
| 2017 | 94,560 | 81,545 | 13,015 | 183.0 | 4% |
| 2018 | 151,068 | 110,219 | 40,849 | 142.4 | 9% |
| 2019 | 124,513 | 104,586 | 19,927 | 154.6 | 7% |
| 2020 | 109,875 | 94,352 | 15,523 | 169.7 | 9% |
| 2021 | 241,603 | 105,537 | 136,066 | 192.1 | 10% |
| 2022 | 160,770 | 112,991 | 47,779 | 150.0 | 12% |
| 2023 | 93,513 | 125,210 | −31,697 | 141.0 | 23% |
In its most recent public year (2023), this organization spent $31,697 more than it brought in. Its reserves stood at about 141 months of spending, up from 63.1 in 2012. Staff pay was 23% 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
Sequim Education 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