Shawsheen Technical Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 61,970 | 73,036 | −11,066 | 49.4 | — |
| 2017 | 60,036 | 6,321 | 53,715 | 880.6 | — |
| 2018 | 59,010 | 26,370 | 32,640 | 225.9 | — |
| 2019 | 8,651 | 27,459 | −18,808 | 202.3 | — |
| 2020 | 1,576 | 25,490 | −23,914 | 206.7 | — |
| 2021 | 73,580 | 28,869 | 44,711 | 201.1 | — |
| 2022 | 15,436 | 27,450 | −12,014 | 206.2 | — |
| 2023 | 39,516 | 17,100 | 22,416 | 346.7 | — |
In its most recent public year (2023), this organization brought in $22,416 more than it spent. Its reserves stood at about 346.7 months of spending, up from 49.4 in 2016.
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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