Island Scholars Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 83,344 | 45,663 | 37,681 | 18.2 | — |
| 2021 | 77,930 | 77,804 | 126 | 10.7 | — |
| 2022 | 61,657 | 74,360 | −12,703 | 9.2 | — |
| 2023 | 78,020 | 94,391 | −16,371 | 5.1 | — |
In its most recent public year (2023), this organization spent $16,371 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 18.2 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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