Lawrence Madeiros Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 49,560 | 11,842 | 37,718 | 111.0 | — |
| 2014 | 20,659 | 11,226 | 9,433 | 121.7 | — |
| 2015 | 23,891 | 10,032 | 13,859 | 145.8 | — |
| 2016 | 31,416 | 11,513 | 19,903 | 150.5 | — |
| 2017 | 35,928 | 11,223 | 24,705 | 187.1 | — |
| 2018 | 27,284 | 13,533 | 13,751 | 155.0 | — |
| 2019 | 38,394 | 16,201 | 22,193 | 162.9 | — |
| 2020 | 41,761 | 23,021 | 18,740 | 134.1 | — |
| 2021 | 51,644 | 17,854 | 33,790 | 200.5 | — |
| 2022 | 35,876 | 24,942 | 10,934 | 125.0 | — |
| 2023 | 33,190 | 25,891 | 7,299 | 134.5 | — |
In its most recent public year (2023), this organization brought in $7,299 more than it spent. Its reserves stood at about 134.5 months of spending, up from 111 in 2013.
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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