Ace Scholarship Foundation Of New York Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 200,053 | 0 | 200,053 | — | — |
| 2016 | 285,913 | 138,125 | 147,788 | 30.2 | 0% |
| 2017 | 38,707 | 184,750 | −146,043 | 13.1 | 0% |
| 2018 | 136,513 | 169,875 | −33,362 | 11.9 | 0% |
| 2019 | 209,865 | 193,850 | 16,015 | 11.3 | 0% |
| 2020 | 200,727 | 185,700 | 15,027 | 13.3 | 0% |
| 2021 | 110,324 | 142,373 | −32,049 | 14.1 | 0% |
| 2022 | 177,435 | 161,784 | 15,651 | 12.7 | — |
| 2023 | 206,005 | 131,955 | 74,050 | 22.2 | 0% |
In its most recent public year (2023), this organization brought in $74,050 more than it spent. Its reserves stood at about 22.2 months of spending. Staff pay was 0% of spending.
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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