Makarios Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,930 | 34,085 | −11,155 | 149.6 | 0% |
| 2012 | 90,532 | 15,110 | 75,422 | 397.4 | 0% |
| 2013 | 14,736 | 20,110 | −5,374 | 295.4 | 0% |
| 2014 | 45,523 | 20,175 | 25,348 | 309.5 | 0% |
| 2015 | 26,870 | 72,700 | −45,830 | 78.3 | 0% |
| 2016 | 77,367 | 27,204 | 50,163 | 231.4 | 0% |
| 2017 | 54,517 | 18,116 | 36,401 | 371.6 | 0% |
| 2018 | 16,891 | 29,148 | −12,257 | 225.9 | 0% |
| 2019 | 44,347 | 23,322 | 21,025 | 293.2 | 0% |
| 2021 | 96,729 | 16,154 | 80,575 | 410.1 | 0% |
| 2022 | 18,883 | 86,291 | −67,408 | 67.4 | 0% |
| 2023 | 40,992 | 15,555 | 25,437 | 393.5 | 0% |
In its most recent public year (2023), this organization brought in $25,437 more than it spent. Its reserves stood at about 393.5 months of spending, up from 149.6 in 2011. Staff pay was 0% of spending. $510,136 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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