Karns City Scholastic Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 279,219 | 0 | 279,219 | — | — |
| 2014 | 4,771 | 5,085 | −314 | 658.2 | — |
| 2015 | 13,405 | 13,323 | 82 | 242.4 | — |
| 2016 | 72,074 | 14,118 | 57,956 | 288.3 | 0% |
| 2017 | 34,459 | 37,704 | −3,245 | 115.4 | 0% |
| 2018 | 50,479 | 57,141 | −6,662 | 67.1 | 0% |
| 2019 | 61,784 | 43,007 | 18,777 | 103.4 | 0% |
| 2020 | 19,144 | 36,413 | −17,269 | 128.8 | 0% |
| 2021 | 84,239 | 43,213 | 41,026 | 119.6 | 0% |
| 2022 | 72,582 | 37,754 | 34,828 | 126.1 | 0% |
| 2023 | 56,642 | 56,618 | 24 | 91.9 | 0% |
In its most recent public year (2023), this organization brought in $24 more than it spent. Its reserves stood at about 91.9 months of spending. Staff pay was 0% of spending. $60,699 of its net assets are donor-restricted.
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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