Seward Community Scholarship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 112,113 | 105,827 | 6,286 | 230.0 | 0% |
| 2013 | 156,020 | 112,158 | 43,862 | 221.7 | 0% |
| 2014 | 103,913 | 106,548 | −2,635 | 233.1 | 0% |
| 2015 | 97,404 | 100,758 | −3,354 | 246.1 | 0% |
| 2016 | 928,796 | 101,534 | 827,262 | 342.0 | 0% |
| 2017 | 245,881 | 156,500 | 89,381 | 228.7 | 0% |
| 2018 | 206,125 | 176,329 | 29,796 | 205.0 | 0% |
| 2019 | 342,230 | 196,768 | 145,462 | 192.6 | 0% |
| 2020 | 161,184 | 222,837 | −61,653 | 166.7 | 0% |
| 2021 | 838,957 | 204,513 | 634,444 | 218.9 | 0% |
| 2022 | 203,470 | 216,433 | −12,963 | 212.7 | 0% |
| 2023 | 198,962 | 206,926 | −7,964 | 222.0 | 0% |
In its most recent public year (2023), this organization spent $7,964 more than it brought in. Its reserves stood at about 222 months of spending, down from 230 in 2012. Staff pay was 0% of spending. $3,714,087 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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