Nawic Founders Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 83,735 | 67,951 | 15,784 | 166.1 | 20% |
| 2012 | 92,504 | 66,260 | 26,244 | 175.0 | 21% |
| 2013 | 266,372 | 90,234 | 176,138 | 152.0 | 20% |
| 2014 | 104,530 | 79,930 | 24,600 | 175.2 | 25% |
| 2015 | 142,445 | 56,221 | 86,224 | 267.6 | 33% |
| 2016 | 134,191 | 99,299 | 34,892 | 155.7 | 18% |
| 2017 | 143,542 | 87,913 | 55,629 | 183.5 | 21% |
| 2018 | 199,888 | 26,504 | 173,384 | 687.0 | 85% |
| 2019 | 163,010 | 163,978 | −968 | 110.9 | 14% |
| 2020 | 167,890 | 132,987 | 34,903 | 139.9 | 0% |
| 2021 | 243,806 | 126,582 | 117,224 | 155.6 | 21% |
| 2022 | 194,000 | 171,825 | 22,175 | 118.0 | 15% |
| 2023 | 490,372 | 218,153 | 272,219 | 108.2 | 12% |
In its most recent public year (2023), this organization brought in $272,219 more than it spent. Its reserves stood at about 108.2 months of spending, down from 166.1 in 2011. Staff pay was 12% 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 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
Nawic Founders Scholarship Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works