Alray Taylor Second Chance Scholarship Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 22,630 | 9,166 | 13,464 | 92.5 | — |
| 2012 | 39,252 | 12,138 | 27,114 | 96.7 | — |
| 2013 | 37,648 | 23,382 | 14,266 | 57.5 | — |
| 2014 | 25,749 | 28,221 | −2,472 | 46.6 | — |
| 2015 | 153,614 | 78,756 | 74,858 | 28.1 | — |
| 2016 | 76,804 | 92,027 | −15,223 | 22.1 | — |
| 2017 | 229,749 | 109,955 | 119,794 | 31.5 | 25% |
| 2018 | 168,575 | 148,883 | 19,692 | 24.9 | 30% |
| 2019 | 151,454 | 146,725 | 4,729 | 25.6 | 33% |
| 2020 | 254,644 | 190,595 | 64,049 | 23.8 | 28% |
| 2021 | 237,596 | 186,795 | 50,801 | 27.5 | 28% |
| 2022 | 329,452 | 225,202 | 104,250 | 33.7 | 42% |
| 2023 | 597,116 | 381,658 | 215,458 | 26.8 | 40% |
In its most recent public year (2023), this organization brought in $215,458 more than it spent. Its reserves stood at about 26.8 months of spending, down from 92.5 in 2011. Staff pay was 40% of spending. $198,582 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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