Next Generation Scholars Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 165,186 | 144,484 | 20,702 | 2.3 | — |
| 2012 | 266,588 | 225,281 | 41,307 | 4.2 | 55% |
| 2013 | 274,183 | 293,464 | −19,281 | 2.5 | 47% |
| 2014 | 391,450 | 344,668 | 46,782 | 3.7 | 43% |
| 2015 | 408,111 | 389,706 | 18,405 | 3.9 | 54% |
| 2016 | 497,969 | 476,655 | 21,314 | 3.7 | 54% |
| 2017 | 548,376 | 537,282 | 11,094 | 3.5 | 51% |
| 2018 | 820,834 | 544,362 | 276,472 | 9.6 | 45% |
| 2019 | 809,319 | 773,687 | 35,632 | 7.5 | 50% |
| 2020 | 1,781,511 | 908,379 | 873,132 | 17.9 | 55% |
| 2021 | 444,161 | 1,101,446 | −657,285 | 8.8 | 64% |
| 2022 | 1,437,715 | 1,220,150 | 217,565 | 10.1 | 62% |
| 2023 | 1,197,352 | 1,335,995 | −138,643 | 7.9 | 51% |
In its most recent public year (2023), this organization spent $138,643 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 2.3 in 2011. Staff pay was 51% of spending. $412,300 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
Next Generation Scholars Inc'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