Donald R Smith Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 26,402 | 1,600 | 24,802 | 186.0 | — |
| 2015 | 50,480 | 6,588 | 43,892 | 125.1 | — |
| 2016 | 66,080 | 55,201 | 10,879 | 17.3 | — |
| 2017 | 55,264 | 110,163 | −54,899 | 2.7 | — |
| 2018 | 219,109 | 216,719 | 2,390 | 0.9 | 0% |
| 2019 | 55,055 | 54,566 | 489 | 3.7 | 0% |
| 2020 | 36,649 | 35,904 | 745 | 5.9 | 0% |
| 2021 | 4,115 | 4,046 | 69 | 52.4 | 0% |
| 2022 | 16,376 | 19,284 | −2,908 | 9.2 | 0% |
| 2023 | 65,483 | 57,912 | 7,571 | 4.6 | 0% |
In its most recent public year (2023), this organization brought in $7,571 more than it spent. Its reserves stood at about 4.6 months of spending, down from 186 in 2014. 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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