Glenoaks Elementary School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 47,281 | 43,669 | 3,612 | 43.2 | — |
| 2021 | 31,835 | 92,994 | −61,159 | 12.4 | — |
| 2022 | 42,496 | 43,318 | −822 | 26.4 | — |
| 2023 | 64,619 | 83,675 | −19,056 | 10.9 | — |
In its most recent public year (2023), this organization spent $19,056 more than it brought in. Its reserves stood at about 10.9 months of spending, down from 43.2 in 2020.
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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