Randolph Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,409 | 1,309 | 100 | 896.6 | — |
| 2021 | 1,417 | 1,367 | 50 | 859.0 | — |
| 2022 | 1,336 | 1,286 | 50 | 913.5 | — |
| 2023 | 1,216 | 1,116 | 100 | 1053.8 | — |
| 2024 | 4,241 | 4,291 | −50 | 273.9 | — |
In its most recent public year (2024), this organization spent $50 more than it brought in. Its reserves stood at about 273.9 months of spending, down from 896.6 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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