Nicholas Rossomando Memorial Scholarship Fund Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 77,661 | 51,245 | 26,416 | 57.0 | — |
| 2012 | 45,952 | 74,821 | −28,869 | 34.4 | — |
| 2013 | 10,062 | 26,015 | −15,953 | 91.5 | — |
| 2014 | 3,068 | 6,624 | −3,556 | 353.1 | — |
| 2015 | 3,486 | 5,540 | −2,054 | 417.7 | — |
| 2016 | 2,621 | 5,825 | −3,204 | 390.7 | — |
| 2017 | 1,751 | 3,996 | −2,245 | 562.8 | — |
| 2018 | 1,729 | 4,857 | −3,128 | 455.3 | — |
| 2019 | 2,492 | 3,922 | −1,430 | 559.4 | — |
| 2020 | 2,007 | 3,684 | −1,677 | 666.0 | — |
| 2021 | 1,603 | 920 | 683 | 3062.7 | — |
| 2022 | 589 | 4,005 | −3,416 | 693.3 | — |
In its most recent public year (2022), this organization spent $3,416 more than it brought in. Its reserves stood at about 693.3 months of spending, up from 57 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 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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