Harold J Klarreich Scholarship Foundation Of The Cleveland Area
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,475 | 13,351 | −10,876 | 135.4 | — |
| 2015 | 6,290 | 5,017 | 1,273 | 338.2 | — |
| 2016 | 4,262 | 4,151 | 111 | 409.0 | — |
| 2017 | 5,118 | 10,568 | −5,450 | 154.5 | — |
| 2018 | 7,500 | 12,942 | −5,442 | 125.2 | — |
| 2019 | 19,569 | 11,396 | 8,173 | 154.2 | — |
| 2020 | −13,293 | 7,551 | −20,844 | 227.8 | — |
| 2021 | 13,650 | 14,816 | −1,166 | 133.8 | — |
| 2022 | −4,927 | 14,276 | −19,203 | 107.4 | — |
| 2023 | 7,623 | 16,605 | −8,982 | 98.2 | — |
In its most recent public year (2023), this organization spent $8,982 more than it brought in. Its reserves stood at about 98.2 months of spending, down from 135.4 in 2014.
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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