everyledgerAn index of 587,017 U.S. nonprofits · computed from public IRS filings · current through 2024

James P Lang Scholarship Fund

Inverness, IL / EIN 36-7268664 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201970,95569,5861,36918.60%
202085,33363,07222,26124.70%
202174,77384,844−10,07116.90%
202271,63682,274−10,63815.90%
202380,16884,382−4,21414.90%

In its most recent public year (2023), this organization spent $4,214 more than it brought in. Its reserves stood at about 14.9 months of spending, down from 18.6 in 2019. 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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