Vanessa M Edwards Memorial Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 550 | 0 | 550 | — | — |
| 2016 | 3,100 | 1,500 | 1,600 | 17.2 | — |
| 2017 | 4,350 | 3,000 | 1,350 | 14.0 | — |
| 2018 | 2,760 | 3,750 | −990 | 8.0 | — |
| 2019 | 3,760 | 3,250 | 510 | 11.2 | — |
| 2020 | 3,770 | 0 | 3,770 | — | — |
| 2021 | 3,410 | 0 | 3,410 | — | — |
| 2022 | 560 | 0 | 560 | — | — |
| 2023 | 270 | 5,000 | −4,730 | 14.5 | — |
In its most recent public year (2023), this organization spent $4,730 more than it brought in. Its reserves stood at about 14.5 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
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