Murray 1693 Scholars Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 108,841 | 38,901 | 69,940 | 3771.6 | 0% |
| 2017 | 1,355,822 | 546,397 | 809,425 | 286.3 | 0% |
| 2018 | 1,303,157 | 564,144 | 739,013 | 295.0 | 0% |
| 2019 | 1,883,811 | 599,776 | 1,284,035 | 303.9 | 0% |
| 2020 | 474,653 | 620,995 | −146,342 | 281.3 | 0% |
| 2021 | 1,141,747 | 611,682 | 530,065 | 375.4 | 0% |
| 2022 | 1,629,335 | 804,548 | 824,787 | 266.0 | 4% |
| 2023 | 522,623 | 777,275 | −254,652 | 285.9 | 0% |
In its most recent public year (2023), this organization spent $254,652 more than it brought in. Its reserves stood at about 285.9 months of spending. Staff pay was 0% of spending. $18,230,782 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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