Mayors Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 344,546 | 9,435 | 335,111 | 426.2 | 0% |
| 2016 | 63,567 | 32,142 | 31,425 | 136.8 | 0% |
| 2017 | 67,204 | 35,428 | 31,776 | 134.9 | 17% |
| 2018 | 60,369 | 48,233 | 12,136 | 102.1 | 17% |
| 2019 | 49,852 | 57,071 | −7,219 | 84.8 | 17% |
| 2020 | 35,363 | 58,973 | −23,610 | 77.2 | 18% |
| 2021 | 116,863 | 52,473 | 64,390 | 101.5 | 19% |
| 2022 | 37,960 | 54,346 | −16,386 | 85.1 | 20% |
| 2023 | 48,379 | 62,650 | −14,271 | 74.8 | 17% |
| 2024 | 52,968 | 48,912 | 4,056 | 85.2 | 26% |
In its most recent public year (2024), this organization brought in $4,056 more than it spent. Its reserves stood at about 85.2 months of spending, down from 426.2 in 2015. Staff pay was 26% 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 2024. 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
Mayors Scholarship Fund's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works