Scholarchips Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 21,789 | 10,210 | 11,579 | 28.9 | — |
| 2016 | 119,563 | 37,946 | 81,617 | 36.4 | — |
| 2017 | 133,464 | 84,684 | 48,780 | 23.2 | — |
| 2018 | 90,317 | 104,005 | −13,688 | 17.3 | — |
| 2019 | 169,346 | 143,803 | 25,543 | 14.7 | — |
| 2020 | 247,494 | 218,161 | 29,333 | 11.3 | 35% |
| 2021 | 490,132 | 201,374 | 288,758 | 29.4 | 42% |
| 2022 | 291,640 | 275,068 | 16,572 | 22.3 | 27% |
| 2023 | 261,153 | 375,206 | −114,053 | 12.7 | 25% |
In its most recent public year (2023), this organization spent $114,053 more than it brought in. Its reserves stood at about 12.7 months of spending, down from 28.9 in 2013. Staff pay was 25% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works