Toyian R Williams Legacy Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,417 | 2,450 | 967 | 88.7 | — |
| 2020 | 500 | 2,757 | −2,257 | 69.0 | — |
| 2021 | 470 | 2,085 | −1,615 | 82.0 | — |
| 2022 | 1,000 | 2,188 | −1,188 | 71.6 | — |
| 2023 | 500 | 1,100 | −600 | 135.9 | — |
In its most recent public year (2023), this organization spent $600 more than it brought in. Its reserves stood at about 135.9 months of spending, up from 88.7 in 2019.
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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