Kathi Glavin Higgins Scholarship Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,611 | 10,300 | 4,311 | 63.3 | — |
| 2012 | 13,946 | 11,685 | 2,261 | 58.1 | — |
| 2013 | 14,292 | 15,171 | −879 | 44.1 | — |
| 2014 | 16,273 | 14,323 | 1,950 | 48.3 | — |
| 2015 | 17,396 | 11,450 | 5,946 | 66.7 | — |
| 2016 | 22,210 | 11,529 | 10,681 | 77.4 | — |
| 2017 | 14,812 | 15,312 | −500 | 57.9 | — |
| 2018 | 12,727 | 20,729 | −8,002 | 38.1 | — |
| 2019 | 13,075 | 18,074 | −4,999 | 40.4 | — |
| 2020 | 19,448 | 16,414 | 3,034 | 46.7 | — |
| 2021 | 13,632 | 12,452 | 1,180 | 62.7 | — |
| 2022 | 24,406 | 28,221 | −3,815 | 26.0 | — |
In its most recent public year (2022), this organization spent $3,815 more than it brought in. Its reserves stood at about 26 months of spending, down from 63.3 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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