The Scholarship Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,568 | 55,530 | 6,038 | 3.4 | — |
| 2012 | 137,738 | 107,527 | 30,211 | 5.1 | — |
| 2013 | 293,573 | 290,092 | 3,481 | 2.1 | 73% |
| 2014 | 311,832 | 309,227 | 2,605 | 2.0 | 82% |
| 2015 | 382,580 | 495,911 | −113,331 | 2.5 | 80% |
| 2016 | 192,915 | 227,502 | −34,587 | 4.1 | 63% |
| 2017 | 270,651 | 138,049 | 132,602 | 16.3 | 67% |
| 2018 | 232,197 | 181,335 | 50,862 | 3.2 | 48% |
| 2021 | 539,902 | 420,373 | 119,529 | 7.9 | 72% |
| 2022 | 951,016 | 603,624 | 347,392 | 12.3 | 61% |
| 2023 | 857,857 | 992,446 | −134,589 | 5.9 | 59% |
In its most recent public year (2023), this organization spent $134,589 more than it brought in. Its reserves stood at about 5.9 months of spending, up from 3.4 in 2011. Staff pay was 59% of spending.
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
The Scholarship Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works