Springfield Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 207,639 | 177,495 | 30,144 | 14.1 | 29% |
| 2012 | 226,590 | 206,335 | 20,255 | 13.3 | 28% |
| 2013 | 214,964 | 225,235 | −10,271 | 11.7 | 29% |
| 2014 | 278,678 | 261,579 | 17,099 | 10.9 | 22% |
| 2015 | 315,864 | 326,506 | −10,642 | 8.3 | 18% |
| 2016 | 458,569 | 429,476 | 29,093 | 7.1 | 15% |
| 2017 | 666,226 | 714,200 | −47,974 | 3.5 | 16% |
| 2018 | 385,120 | 362,660 | 22,460 | 7.6 | 23% |
| 2019 | 361,097 | 326,517 | 34,580 | 9.8 | 31% |
| 2020 | 428,655 | 292,858 | 135,797 | 16.3 | 31% |
| 2021 | 242,573 | 224,458 | 18,115 | 22.2 | 35% |
| 2022 | 424,448 | 333,104 | 91,344 | 18.3 | 30% |
| 2023 | 370,531 | 375,659 | −5,128 | 16.0 | 32% |
| 2024 | 381,466 | 451,610 | −70,144 | 11.6 | 28% |
In its most recent public year (2024), this organization spent $70,144 more than it brought in. Its reserves stood at about 11.6 months of spending, down from 14.1 in 2011. Staff pay was 28% of spending. $130,470 of its net assets are donor-restricted.
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 2024. 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
Springfield Education Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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