Friends Of Randolph Scholars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 71,097 | 70,887 | 210 | 2.3 | — |
| 2018 | 139,426 | 36,232 | 103,194 | 38.0 | — |
| 2019 | 91,304 | 39,220 | 52,084 | 51.9 | — |
| 2020 | 138,997 | 66,923 | 72,074 | 47.3 | — |
| 2021 | 122,046 | 72,657 | 49,389 | 53.4 | — |
| 2022 | 104,356 | 68,328 | 36,028 | 55.3 | — |
| 2023 | 102,974 | 77,641 | 25,333 | 57.5 | — |
In its most recent public year (2023), this organization brought in $25,333 more than it spent. Its reserves stood at about 57.5 months of spending, up from 2.3 in 2017.
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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