Washington Aerospace Scholarsfoundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,611,990 | 264,278 | 3,347,712 | 166.6 | 28% |
| 2012 | 892,198 | 257,583 | 634,615 | 200.5 | 33% |
| 2013 | 953,072 | 3,772,488 | −2,819,416 | 4.7 | 3% |
| 2014 | 409,207 | 1,525,281 | −1,116,074 | 2.9 | 7% |
| 2015 | 171,197 | 489,222 | −318,025 | 1.2 | 24% |
| 2016 | 333,377 | 333,711 | −334 | 1.8 | 47% |
| 2017 | 446,165 | 470,377 | −24,212 | 0.7 | 39% |
| 2018 | 469,731 | 507,081 | −37,350 | -0.3 | 45% |
| 2019 | 608,938 | 576,211 | 32,727 | 0.4 | 46% |
| 2020 | 442,713 | 367,519 | 75,194 | 3.1 | 60% |
| 2021 | 530,904 | 320,998 | 209,906 | 11.4 | 60% |
| 2022 | 488,229 | 314,368 | 173,861 | 18.3 | 28% |
| 2023 | 338,021 | 369,183 | −31,162 | 14.6 | 28% |
In its most recent public year (2023), this organization spent $31,162 more than it brought in. Its reserves stood at about 14.6 months of spending, down from 166.6 in 2011. Staff pay was 28% 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
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