Paul Collins Jr Scholarship Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 34,643 | 94,494 | −59,851 | 78.2 | 0% |
| 2021 | 95,271 | 108,438 | −13,167 | 66.9 | 0% |
| 2022 | 102,803 | 106,244 | −3,441 | 68.2 | 0% |
| 2023 | 99,494 | 113,229 | −13,735 | 64.7 | 0% |
In its most recent public year (2023), this organization spent $13,735 more than it brought in. Its reserves stood at about 64.7 months of spending, down from 78.2 in 2020. Staff pay was 0% 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
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