Operating record

Northwood Scholarship Foundation Inc

Nappanee, IN · EIN 46-4487136 · files the short form (990-EZ), so reduced detail · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$92,243$86,004$6,2393.4
2021$109,827$90,539$19,2885.8
2022$120,990$110,004$10,9866.0
2023$111,697$140,151−$28,4542.2

In its most recent public year (2023), this organization spent $28,454 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 3.4 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 ↗