Thomas R Elsasser Memorial Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 363,581 | 532,133 | −168,552 | 82.3 | 0% |
| 2012 | 419,467 | 577,570 | −158,103 | 71.5 | 0% |
| 2013 | 310,813 | 438,292 | −127,479 | 95.2 | 0% |
| 2014 | 293,364 | 474,863 | −181,499 | 86.5 | 0% |
| 2015 | 414,301 | 511,308 | −97,007 | 74.8 | 0% |
| 2016 | 201,846 | 374,742 | −172,896 | 95.8 | 0% |
| 2017 | 1,059,948 | 484,121 | 575,827 | 92.4 | 0% |
| 2018 | 294,271 | 467,915 | −173,644 | 93.8 | 0% |
| 2019 | 319,917 | 393,640 | −73,723 | 108.9 | 0% |
| 2020 | 81,376 | 408,235 | −326,859 | 99.7 | 0% |
| 2021 | 513,854 | 460,414 | 53,440 | 103.2 | 0% |
| 2022 | 670,293 | 507,597 | 162,696 | 86.1 | 0% |
| 2023 | 375,600 | 528,434 | −152,834 | 83.5 | 0% |
In its most recent public year (2023), this organization spent $152,834 more than it brought in. Its reserves stood at about 83.5 months of spending, up from 82.3 in 2011. 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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