A Pay It Forward Scholarship Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,029,191 | 2,876,703 | 152,488 | 1.5 | 0% |
| 2013 | 6,105,411 | 5,084,130 | 1,021,281 | 3.6 | 2% |
| 2014 | 2,006,295 | 3,428,388 | −1,422,093 | 0.3 | 5% |
| 2015 | 1,171,015 | 1,091,512 | 79,503 | 1.8 | 10% |
| 2016 | 962,765 | 992,543 | −29,778 | 1.7 | 14% |
| 2017 | 740,149 | 760,775 | −20,626 | 1.8 | 21% |
| 2018 | 781,301 | 791,394 | −10,093 | 1.6 | 17% |
| 2019 | 909,644 | 921,119 | −11,475 | 1.2 | 14% |
| 2020 | 904,516 | 850,216 | 54,300 | 2.1 | 15% |
| 2021 | 921,931 | 795,270 | 126,661 | 4.2 | 16% |
| 2022 | 890,701 | 933,563 | −42,862 | 3.0 | 15% |
| 2023 | 1,547,927 | 1,336,508 | 211,419 | 4.0 | 8% |
In its most recent public year (2023), this organization brought in $211,419 more than it spent. Its reserves stood at about 4 months of spending, up from 1.5 in 2012. Staff pay was 8% of spending. $401,950 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
A Pay It Forward Scholarship Corporation'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