Eugene Mcdermott Scholars Program Alumni Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 72,184 | 63,601 | 8,583 | 203.1 | 0% |
| 2021 | 165,188 | 104,973 | 60,215 | 129.9 | 0% |
| 2022 | 55,905 | 55,092 | 813 | 247.7 | 0% |
| 2023 | 45,385 | 29,386 | 15,999 | 471.0 | 0% |
In its most recent public year (2023), this organization brought in $15,999 more than it spent. Its reserves stood at about 471 months of spending, up from 203.1 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 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
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