Scholarship Prep
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 4,264,994 | 3,440,197 | 824,797 | 3.0 | 43% |
| 2018 | 7,490,316 | 6,405,993 | 1,084,323 | 3.6 | 43% |
| 2019 | 9,260,458 | 8,588,837 | 671,621 | 3.6 | 48% |
| 2020 | 14,963,960 | 15,425,526 | −461,566 | 1.7 | 48% |
| 2021 | 19,294,773 | 14,618,187 | 4,676,586 | 5.6 | 51% |
| 2022 | 21,948,648 | 20,077,338 | 1,871,310 | 5.2 | 47% |
| 2023 | 31,429,654 | 29,657,085 | 1,772,569 | 4.2 | 42% |
In its most recent public year (2023), this organization brought in $1,772,569 more than it spent. Its reserves stood at about 4.2 months of spending, up from 3 in 2017. Staff pay was 42% of spending. $35,924 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
Scholarship Prep'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