Nooksack Valley Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,279,888 | 72,216 | 1,207,672 | 205.3 | 0% |
| 2015 | 91,023 | 51,064 | 39,959 | 270.3 | 0% |
| 2016 | 80,550 | 84,420 | −3,870 | 167.4 | 0% |
| 2017 | 89,099 | 76,755 | 12,344 | 190.0 | 0% |
| 2018 | 115,059 | 95,564 | 19,495 | 141.3 | 0% |
| 2019 | 80,358 | 75,096 | 5,262 | 199.0 | 0% |
| 2020 | 73,479 | 89,483 | −16,004 | 167.1 | 0% |
| 2021 | 695,224 | 70,107 | 625,117 | 341.8 | 0% |
| 2022 | 99,576 | 111,251 | −11,675 | 174.8 | 0% |
| 2023 | 54,247 | 132,245 | −77,998 | 159.3 | 0% |
In its most recent public year (2023), this organization spent $77,998 more than it brought in. Its reserves stood at about 159.3 months of spending, down from 205.3 in 2014. Staff pay was 0% of spending. $1,723,094 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
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