Santa Monica Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,624,157 | 1,580,079 | 44,078 | 26.5 | 9% |
| 2012 | 634,367 | 598,708 | 35,659 | 67.3 | 35% |
| 2013 | 6,674,210 | 1,737,219 | 4,936,991 | 56.7 | 20% |
| 2014 | 2,811,357 | 3,476,402 | −665,045 | 28.1 | 11% |
| 2015 | 3,333,196 | 3,419,145 | −85,949 | 29.1 | 13% |
| 2016 | 2,956,824 | 3,150,439 | −193,615 | 31.5 | 13% |
| 2017 | 3,289,147 | 3,281,139 | 8,008 | 31.1 | 14% |
| 2018 | 3,783,531 | 3,375,542 | 407,989 | 30.6 | 14% |
| 2019 | 3,536,415 | 3,366,326 | 170,089 | 32.3 | 15% |
| 2020 | 3,220,780 | 3,240,253 | −19,473 | 33.9 | 15% |
| 2021 | 4,335,486 | 2,683,401 | 1,652,085 | 51.6 | 17% |
| 2022 | 3,188,128 | 1,257,217 | 1,930,911 | 114.9 | 37% |
| 2023 | 3,929,693 | 3,943,390 | −13,697 | 37.6 | 17% |
In its most recent public year (2023), this organization spent $13,697 more than it brought in. Its reserves stood at about 37.6 months of spending, up from 26.5 in 2011. Staff pay was 17% of spending. $11,912,591 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 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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