Robert S Hicks Scholarships Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,920 | 9,646 | 2,274 | 193.0 | — |
| 2012 | 7,831 | 3,249 | 4,582 | 590.0 | — |
| 2013 | 5,825 | 2,496 | 3,329 | 783.9 | — |
| 2014 | 8,022 | 2,699 | 5,323 | 748.7 | — |
| 2015 | 4,087 | 2,742 | 1,345 | 742.8 | — |
| 2016 | 5,395 | 4,042 | 1,353 | 507.9 | — |
| 2017 | 7,408 | 4,338 | 3,070 | 481.7 | — |
| 2018 | 9,118 | 5,649 | 3,469 | 377.3 | — |
| 2019 | 7,290 | 1,500 | 5,790 | 1467.3 | — |
| 2020 | 880 | 1,550 | −670 | 1414.8 | — |
| 2021 | 6,181 | 3,376 | 2,805 | 659.5 | — |
| 2022 | 9,260 | 3,139 | 6,121 | 732.7 | — |
| 2023 | 5,069 | 1,516 | 3,553 | 1545.3 | — |
In its most recent public year (2023), this organization brought in $3,553 more than it spent. Its reserves stood at about 1545.3 months of spending, up from 193 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 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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