Alfond Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,083,827 | 3,067,217 | 16,610 | 0.1 | 2% |
| 2012 | 3,155,108 | 3,182,107 | −26,999 | 0.0 | 3% |
| 2013 | 3,522,066 | 3,506,946 | 15,120 | 0.1 | 3% |
| 2014 | 12,294,887 | 12,282,217 | 12,670 | 0.0 | 1% |
| 2015 | 6,787,304 | 6,632,445 | 154,859 | 0.3 | 2% |
| 2016 | 7,018,266 | 6,981,192 | 37,074 | 0.4 | 2% |
| 2017 | 7,812,082 | 7,726,476 | 85,606 | 0.5 | 2% |
| 2018 | 3,489,819 | 3,569,965 | −80,146 | 0.6 | 2% |
| 2019 | 7,383,187 | 7,220,097 | 163,090 | 0.5 | 2% |
| 2020 | 6,981,556 | 7,047,227 | −65,671 | 0.4 | 2% |
| 2021 | 7,054,853 | 7,082,388 | −27,535 | 0.4 | 3% |
| 2022 | 7,474,819 | 7,306,410 | 168,409 | 0.7 | 3% |
| 2023 | 7,242,635 | 7,378,689 | −136,054 | 0.4 | 3% |
In its most recent public year (2023), this organization spent $136,054 more than it brought in. Its reserves stood at about 0.4 months of spending. Staff pay was 3% of spending. $162,723 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
Alfond Scholarship Foundation'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