Southbury Middlebury Scholarship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 24,346 | 26,198 | −1,852 | 103.5 | 0% |
| 2013 | 22,994 | 26,026 | −3,032 | 107.8 | 0% |
| 2014 | 24,349 | 25,367 | −1,018 | 118.4 | 0% |
| 2015 | 33,342 | 25,975 | 7,367 | 115.6 | 0% |
| 2016 | 29,360 | 25,518 | 3,842 | 116.2 | 0% |
| 2017 | 34,608 | 28,426 | 6,182 | 108.6 | 0% |
| 2018 | 30,951 | 31,652 | −701 | 97.9 | 0% |
| 2019 | 27,630 | 27,316 | 314 | 113.3 | 0% |
| 2020 | 26,261 | 24,263 | 1,998 | 127.9 | 0% |
| 2021 | 30,659 | 24,795 | 5,864 | 142.5 | 0% |
| 2022 | 48,728 | 25,888 | 22,840 | 121.5 | 0% |
| 2023 | 30,201 | 26,805 | 3,396 | 118.7 | 0% |
| 2024 | 75,792 | 44,323 | 31,469 | 89.5 | 0% |
In its most recent public year (2024), this organization brought in $31,469 more than it spent. Its reserves stood at about 89.5 months of spending, down from 103.5 in 2012. Staff pay was 0% 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 2024. 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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