Ed Banes Memorial Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 53,653 | 0 | 53,653 | — | — |
| 2016 | 36,298 | 17,110 | 19,188 | 51.1 | — |
| 2017 | 31,575 | 7,800 | 23,775 | 148.6 | — |
| 2018 | 52,539 | 13,020 | 39,519 | 125.5 | — |
| 2019 | 47,324 | 28,003 | 19,321 | 66.6 | — |
| 2020 | 7,026 | 42,818 | −35,792 | 33.5 | — |
| 2021 | 55,486 | 30,373 | 25,113 | 57.2 | — |
| 2022 | 40,328 | 36,289 | 4,039 | 49.2 | — |
| 2023 | 64,049 | 49,945 | 14,104 | 39.1 | — |
In its most recent public year (2023), this organization brought in $14,104 more than it spent. Its reserves stood at about 39.1 months 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
Ed Banes Memorial 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