John S Mccullough Memorial Scholarship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 34,086 | 24,844 | 9,242 | 85.3 | — |
| 2021 | 49,472 | 34,174 | 15,298 | 67.4 | — |
| 2022 | 88,901 | 32,647 | 56,254 | 85.6 | 0% |
| 2023 | 39,904 | 33,499 | 6,405 | 103.2 | 0% |
In its most recent public year (2023), this organization brought in $6,405 more than it spent. Its reserves stood at about 103.2 months of spending, up from 85.3 in 2020. 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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