Ed Miracle Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 3,167 | 2,900 | 267 | 37.0 | — |
| 2016 | 4,112 | 4,712 | −600 | 21.2 | — |
| 2017 | 5,934 | 4,533 | 1,401 | 25.8 | — |
| 2018 | 6,337 | 6,515 | −178 | 17.6 | — |
| 2019 | 7,750 | 5,368 | 2,382 | 26.7 | — |
| 2020 | 3,775 | 7,092 | −3,317 | 14.6 | — |
In its most recent public year (2020), this organization spent $3,317 more than it brought in. Its reserves stood at about 14.6 months of spending, down from 37 in 2015.
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 2020. 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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