Scholarship Foundation At Leisure World Of Maryland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 38,023 | 59,209 | −21,186 | 76.8 | 0% |
| 2021 | 62,579 | 80,545 | −17,966 | 53.7 | 0% |
| 2022 | 42,774 | 64,181 | −21,407 | 44.7 | 0% |
| 2023 | 8,477 | 65,974 | −57,497 | 38.1 | 0% |
In its most recent public year (2023), this organization spent $57,497 more than it brought in. Its reserves stood at about 38.1 months of spending, down from 76.8 in 2020. Staff pay was 0% of spending. $188,798 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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