The John Gloucester Memorial Presbyterian Church Scholarship Fd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 14,039 | 24,360 | −10,321 | 163.4 | 0% |
| 2022 | 37,141 | 27,863 | 9,278 | 134.4 | 0% |
| 2023 | 1,436 | 17,095 | −15,659 | 185.3 | 0% |
| 2024 | 13,335 | 7,402 | 5,933 | 506.3 | 0% |
In its most recent public year (2024), this organization brought in $5,933 more than it spent. Its reserves stood at about 506.3 months of spending, up from 163.4 in 2021. 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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