Norris City-Omaha Alumni Association Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 128,421 | 108,536 | 19,885 | 24.7 | — |
| 2021 | 115,857 | 108,548 | 7,309 | 25.5 | — |
| 2022 | 130,607 | 108,020 | 22,587 | 28.1 | — |
| 2023 | 158,970 | 110,443 | 48,527 | 32.7 | — |
| 2024 | 134,121 | 132,622 | 1,499 | 27.4 | — |
In its most recent public year (2024), this organization brought in $1,499 more than it spent. Its reserves stood at about 27.4 months of spending, up from 24.7 in 2020.
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 2024. 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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