Town Of Chelmsford Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 98,892 | 76,929 | 21,963 | 151.0 | 0% |
| 2019 | 178,896 | 85,981 | 92,915 | 138.4 | 0% |
| 2020 | 120,138 | 86,320 | 33,818 | 144.4 | 0% |
| 2021 | 222,681 | 88,940 | 133,741 | 171.1 | 0% |
| 2022 | 116,737 | 82,316 | 34,421 | 189.9 | 0% |
| 2023 | 77,215 | 140,000 | −62,785 | 106.3 | 0% |
In its most recent public year (2023), this organization spent $62,785 more than it brought in. Its reserves stood at about 106.3 months of spending, down from 151 in 2018. 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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