Scholarship Foundation Of East Providence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 180,111 | 180,854 | −743 | 90.4 | 0% |
| 2016 | 186,377 | 173,379 | 12,998 | 99.9 | 0% |
| 2017 | 232,381 | 175,874 | 56,507 | 110.4 | 0% |
| 2018 | 272,233 | 198,586 | 73,647 | 91.3 | 0% |
| 2019 | 239,126 | 191,058 | 48,068 | 110.8 | 0% |
| 2020 | 405,007 | 201,109 | 203,898 | 116.6 | 0% |
| 2021 | 191,718 | 189,698 | 2,020 | 132.5 | 0% |
| 2022 | 224,811 | 202,157 | 22,654 | 112.6 | 0% |
| 2023 | 237,555 | 222,247 | 15,308 | 114.0 | 0% |
In its most recent public year (2023), this organization brought in $15,308 more than it spent. Its reserves stood at about 114 months of spending, up from 90.4 in 2015. Staff pay was 0% of spending. $692,746 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
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