everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Michael E Mccarthy Scholarship Fund

Middletown, RI / EIN 20-1817405 / Form 990-EZ / latest filing 2020
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201121,5567,91813,638304.6
201277,4428,28969,153391.1
201367,22210,54656,676378.1
201425,16117,2247,937236.5
201513,54811,6871,861350.4
201627,50322,9434,560180.9
201730,41021,1059,305201.9
2018−2,81623,619−26,435167.0
202016,17019,215−3,045224.4

In its most recent public year (2020), this organization spent $3,045 more than it brought in. Its reserves stood at about 224.4 months of spending, down from 304.6 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 2020. 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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