Condon Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 43,788 | 27,107 | 16,681 | 155.6 | — |
| 2017 | 89,327 | 45,358 | 43,969 | 104.6 | — |
| 2018 | 49,435 | 59,870 | −10,435 | 69.2 | — |
| 2019 | 69,216 | 60,542 | 8,674 | 70.2 | — |
| 2020 | 42,519 | 42,241 | 278 | 100.7 | — |
| 2021 | 74,858 | 71,673 | 3,185 | 56.4 | 0% |
| 2022 | 56,082 | 70,928 | −14,846 | 67.7 | 0% |
| 2023 | 59,750 | 62,819 | −3,069 | 81.7 | 0% |
In its most recent public year (2023), this organization spent $3,069 more than it brought in. Its reserves stood at about 81.7 months of spending, down from 155.6 in 2016. 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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