Trustees Of Fall River High School Alumni Scholarships
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 699,748 | 258,699 | 441,049 | 525.2 | 0% |
| 2020 | 405,443 | 295,724 | 109,719 | 391.0 | 0% |
| 2021 | 1,062,455 | 186,856 | 875,599 | 970.2 | 0% |
| 2022 | 752,346 | 285,257 | 467,089 | 580.3 | 0% |
| 2023 | 1,018,196 | 293,884 | 724,312 | 635.6 | 0% |
In its most recent public year (2023), this organization brought in $724,312 more than it spent. Its reserves stood at about 635.6 months of spending, up from 525.2 in 2019. Staff pay was 0% of spending. $4,846,816 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 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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