Cove Creek High School Scholarship Fund 1958
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,193 | 1,000 | 1,193 | 246.9 | — |
| 2020 | 341 | 3,000 | −2,659 | 71.7 | — |
| 2021 | 29 | 2,000 | −1,971 | 95.7 | — |
| 2022 | 20 | 3,000 | −2,980 | 51.9 | — |
| 2023 | 962 | 5,004 | −4,042 | 21.4 | — |
In its most recent public year (2023), this organization spent $4,042 more than it brought in. Its reserves stood at about 21.4 months of spending, down from 246.9 in 2019.
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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