The Francis Ouimet Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,412,799 | 2,260,007 | 152,792 | 41.8 | 18% |
| 2013 | 3,268,049 | 2,524,937 | 743,112 | 43.3 | 19% |
| 2014 | 5,262,168 | 2,849,316 | 2,412,852 | 45.0 | 17% |
| 2015 | 3,855,674 | 2,767,038 | 1,088,636 | 52.2 | 18% |
| 2016 | 3,628,526 | 2,940,004 | 688,522 | 49.8 | 18% |
| 2017 | 6,989,698 | 3,167,678 | 3,822,020 | 63.3 | 17% |
| 2018 | 4,144,301 | 3,325,480 | 818,821 | 64.8 | 20% |
| 2019 | 4,334,154 | 3,569,477 | 764,677 | 64.2 | 18% |
| 2020 | 5,730,017 | 4,041,712 | 1,688,305 | 54.2 | 16% |
| 2021 | 5,135,597 | 3,884,358 | 1,251,239 | 76.5 | 16% |
| 2022 | 6,126,185 | 4,394,780 | 1,731,405 | 73.9 | 16% |
| 2023 | 5,357,045 | 4,665,620 | 691,425 | 65.6 | 17% |
| 2024 | 6,281,798 | 5,159,101 | 1,122,697 | 69.4 | 16% |
In its most recent public year (2024), this organization brought in $1,122,697 more than it spent. Its reserves stood at about 69.4 months of spending, up from 41.8 in 2012. Staff pay was 16% of spending. $24,251,718 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 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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