Operating record

Attleboro Scholarship Foundation

Attleboro, MA · EIN 04-6037301 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$890,854$606,196$284,658126.59%
2021$1,436,156$657,200$778,956124.38%
2022$520,989$688,902−$167,913103.38%
2023$561,647$668,553−$106,906113.011%

In its most recent public year (2023), this organization spent $106,906 more than it brought in. Its reserves stood at about 113 months of spending, down from 126.5 in 2020. Staff pay was 11% of spending. $4,983,052 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 ↗