Scholarships For Speedway Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 71,320 | 79,121 | −7,801 | 43.5 | — |
| 2021 | 96,001 | 103,484 | −7,483 | 35.2 | — |
| 2022 | 76,161 | 110,077 | −33,916 | 25.6 | — |
| 2023 | 90,321 | 109,218 | −18,897 | 25.5 | — |
In its most recent public year (2023), this organization spent $18,897 more than it brought in. Its reserves stood at about 25.5 months of spending, down from 43.5 in 2020.
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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