Gem Fund-The Aauw Asheville Scholarship Endowment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 54,384 | 28,859 | 25,525 | 131.8 | — |
| 2021 | 65,325 | 37,803 | 27,522 | 139.2 | — |
| 2022 | 68,758 | 33,855 | 34,903 | 138.9 | — |
| 2023 | 38,831 | 24,780 | 14,051 | 218.6 | — |
In its most recent public year (2023), this organization brought in $14,051 more than it spent. Its reserves stood at about 218.6 months of spending, up from 131.8 in 2019.
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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