Arizona Education Scholarship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 137,151 | 33,028 | 104,123 | 44.9 | — |
| 2014 | 376,098 | 353,487 | 22,611 | 1.0 | 0% |
| 2015 | 652,465 | 485,825 | 166,640 | 4.9 | 3% |
| 2016 | 1,007,931 | 668,474 | 339,457 | 9.6 | 9% |
| 2017 | 1,269,219 | 700,675 | 568,544 | 18.9 | 7% |
| 2018 | 1,507,075 | 1,507,075 | 0 | 9.9 | 5% |
| 2019 | 1,622,629 | 1,390,291 | 232,338 | 12.7 | 6% |
| 2020 | 1,630,540 | 1,390,870 | 239,670 | 15.2 | 6% |
| 2021 | 1,838,608 | 1,454,336 | 384,272 | 17.7 | 6% |
| 2022 | 1,869,378 | 1,475,598 | 393,780 | 20.7 | 6% |
| 2023 | 1,707,888 | 587,645 | 1,120,243 | 74.3 | 19% |
| 2024 | 1,294,156 | 481,544 | 812,612 | 111.0 | 23% |
In its most recent public year (2024), this organization brought in $812,612 more than it spent. Its reserves stood at about 111 months of spending, up from 44.9 in 2013. Staff pay was 23% of spending.
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 2024. 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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