Local 417 Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,804 | 14,693 | 1,111 | 45.3 | 0% |
| 2012 | 9,102 | 2,930 | 6,172 | 252.4 | 0% |
| 2013 | 12,209 | 13,318 | −1,109 | 54.5 | 0% |
| 2014 | 12,811 | 10,024 | 2,787 | 75.8 | 0% |
| 2015 | 14,716 | 17,465 | −2,749 | 41.6 | 0% |
| 2016 | 35,763 | 5,095 | 30,668 | 214.9 | 0% |
| 2017 | 44,275 | 26,788 | 17,487 | 48.7 | 0% |
| 2018 | 33,564 | 25,620 | 7,944 | 54.6 | 0% |
| 2019 | 47,082 | 12,677 | 34,405 | 143.0 | 0% |
| 2020 | 17,321 | 20,813 | −3,492 | 85.1 | 0% |
| 2021 | 32,856 | 28,550 | 4,306 | 63.8 | 0% |
| 2022 | 22,536 | 3,960 | 18,576 | 516.5 | 0% |
| 2023 | 16,075 | 32,745 | −16,670 | 56.4 | 0% |
| 2024 | 30,788 | 42,398 | −11,610 | 40.2 | 0% |
In its most recent public year (2024), this organization spent $11,610 more than it brought in. Its reserves stood at about 40.2 months of spending, down from 45.3 in 2011. Staff pay was 0% 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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