Hellenic Times Scolarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 197,123 | 174,321 | 22,802 | 6.6 | 0% |
| 2012 | 115,284 | 144,117 | −28,833 | 5.6 | 0% |
| 2013 | 152,777 | 125,459 | 27,318 | 9.1 | 0% |
| 2014 | 144,873 | 183,232 | −38,359 | 3.7 | 0% |
| 2015 | 167,999 | 148,456 | 19,543 | 6.1 | 0% |
| 2016 | −534 | 12,400 | −12,934 | 61.1 | — |
| 2017 | −2,157 | 18,022 | −20,179 | 28.6 | — |
| 2018 | 0 | 10,307 | −10,307 | 38.0 | — |
| 2019 | 0 | 13,352 | −13,352 | 17.3 | — |
| 2020 | 0 | 10,019 | −10,019 | 11.1 | — |
| 2021 | 6,500 | 15,670 | −9,170 | 0.1 | — |
| 2022 | 19,800 | 19,776 | 24 | 0.1 | — |
| 2023 | 17,000 | 16,153 | 847 | 0.7 | — |
In its most recent public year (2023), this organization brought in $847 more than it spent. Its reserves stood at about 0.7 months of spending, down from 6.6 in 2011.
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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