Madison Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 11,910 | 16,590 | −4,680 | 117.3 | — |
| 2016 | 11,552 | 12,818 | −1,266 | 154.4 | — |
| 2017 | 13,864 | 19,494 | −5,630 | 103.2 | — |
| 2018 | 38,073 | 16,173 | 21,900 | 115.6 | — |
| 2019 | 11,303 | 20,019 | −8,716 | 100.1 | — |
| 2020 | 10,456 | 13,235 | −2,779 | 163.3 | — |
| 2021 | 17,972 | 9,437 | 8,535 | 254.0 | — |
| 2022 | 17,110 | 6,328 | 10,782 | 330.3 | — |
| 2023 | 13,853 | 9,250 | 4,603 | 256.6 | — |
In its most recent public year (2023), this organization brought in $4,603 more than it spent. Its reserves stood at about 256.6 months of spending, up from 117.3 in 2015.
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
Madison Scholarship Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works