Ironwood Area Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 166,235 | 68,416 | 97,819 | 284.4 | 0% |
| 2021 | 103,417 | 35,604 | 67,813 | 693.0 | 0% |
| 2022 | 121,397 | 167,633 | −46,236 | 117.7 | 0% |
| 2023 | 126,622 | 113,010 | 13,612 | 185.4 | 0% |
| 2024 | 112,661 | 39,361 | 73,300 | 596.4 | 0% |
In its most recent public year (2024), this organization brought in $73,300 more than it spent. Its reserves stood at about 596.4 months of spending, up from 284.4 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 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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