Lubbock-Cooper Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 134,244 | 88,742 | 45,502 | 6.2 | — |
| 2016 | 91,070 | 113,093 | −22,023 | 3.7 | — |
| 2017 | 112,613 | 128,029 | −15,416 | 1.8 | — |
| 2018 | 302,612 | 221,696 | 80,916 | 5.4 | 0% |
| 2019 | 217,363 | 246,784 | −29,421 | 3.4 | 0% |
| 2020 | 261,304 | 142,554 | 118,750 | 16.0 | 0% |
| 2021 | 162,644 | 207,833 | −45,189 | 8.3 | 0% |
| 2022 | 428,168 | 279,405 | 148,763 | 12.6 | 0% |
| 2023 | 184,533 | 273,579 | −89,046 | 9.0 | 0% |
In its most recent public year (2023), this organization spent $89,046 more than it brought in. Its reserves stood at about 9 months of spending, up from 6.2 in 2015. 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 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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