Dennis W Holder Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 268,705 | 248,603 | 20,102 | 17.7 | 16% |
| 2012 | 261,513 | 178,493 | 83,020 | 30.2 | 21% |
| 2013 | 258,828 | 208,787 | 50,041 | 28.7 | 18% |
| 2014 | 259,496 | 237,851 | 21,645 | 26.6 | 15% |
| 2015 | 315,496 | 302,593 | 12,903 | 21.4 | 15% |
| 2016 | 291,746 | 280,928 | 10,818 | 23.5 | 18% |
| 2017 | 311,468 | 289,575 | 21,893 | 23.7 | 18% |
| 2018 | 328,811 | 256,996 | 71,815 | 30.1 | 0% |
| 2019 | 306,496 | 257,525 | 48,971 | 32.3 | 0% |
| 2020 | 259,124 | 247,137 | 11,987 | 34.2 | 27% |
| 2021 | 282,851 | 274,131 | 8,720 | 31.2 | 24% |
| 2022 | 266,261 | 272,499 | −6,238 | 31.1 | 31% |
| 2023 | 218,210 | 269,340 | −51,130 | 29.3 | 32% |
In its most recent public year (2023), this organization spent $51,130 more than it brought in. Its reserves stood at about 29.3 months of spending, up from 17.7 in 2011. Staff pay was 32% 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 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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