Core Scholars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,103,821 | 1,277,538 | −173,717 | 3.2 | 13% |
| 2012 | 213,200 | 448,769 | −235,569 | 5.9 | 44% |
| 2013 | 305,239 | 406,205 | −100,966 | 3.5 | 41% |
| 2014 | 823,807 | 644,917 | 178,890 | 72.7 | 29% |
| 2015 | 332,520 | 471,675 | −139,155 | 115.2 | 42% |
| 2016 | 318,687 | 368,127 | −49,440 | 146.0 | 46% |
| 2017 | 247,419 | 398,192 | −150,773 | 149.0 | 50% |
| 2018 | 401,751 | 381,717 | 20,034 | 138.8 | 53% |
| 2019 | 349,164 | 127,783 | 221,381 | 493.9 | 51% |
| 2020 | 44,624 | 222,067 | −177,443 | 279.6 | 64% |
| 2021 | 390,923 | 246,758 | 144,165 | 273.7 | 14% |
| 2022 | 232,915 | 233,566 | −651 | 241.0 | 57% |
| 2023 | 247,336 | 215,187 | 32,149 | 285.9 | 58% |
In its most recent public year (2023), this organization brought in $32,149 more than it spent. Its reserves stood at about 285.9 months of spending, up from 3.2 in 2011. Staff pay was 58% of spending. $3,428,916 of its net assets are donor-restricted.
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
Core Scholars'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