Local 202 Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,109 | 33,161 | −24,052 | 45.6 | — |
| 2021 | 68,546 | 42,355 | 26,191 | 43.2 | — |
| 2022 | 8,079 | 48,516 | −40,437 | 27.7 | — |
In its most recent public year (2022), this organization spent $40,437 more than it brought in. Its reserves stood at about 27.7 months of spending, down from 45.6 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 2022. 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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