E C Hallbeck Memorial Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,654 | 84,457 | −38,803 | 163.6 | 0% |
| 2021 | 149,281 | 84,734 | 64,547 | 160.3 | 0% |
| 2022 | 2,833 | 83,610 | −80,777 | 129.6 | 0% |
| 2023 | 23,184 | 81,320 | −58,136 | 134.5 | 0% |
In its most recent public year (2023), this organization spent $58,136 more than it brought in. Its reserves stood at about 134.5 months of spending, down from 163.6 in 2020. Staff pay was 0% of spending. $911,673 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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