Correction Officers Benevolent Association Scholarship Fund Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $55,051 | $63,836 | −$8,785 | 7.4 | — |
| 2021 | $2,000 | $51,110 | −$49,110 | -2.2 | — |
| 2022 | $118,436 | $94,760 | $23,676 | 1.8 | — |
| 2023 | $87,675 | $99,841 | −$12,166 | 0.2 | — |
In its most recent public year (2023), this organization spent $12,166 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 7.4 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 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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