Renaissance Scholarships Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 195,500 | 3,218 | 192,282 | 717.0 | — |
| 2018 | 497,700 | 70,459 | 427,241 | 105.5 | 0% |
| 2019 | 485,000 | 341,008 | 143,992 | 26.9 | 0% |
| 2020 | 713,725 | 512,120 | 201,605 | 22.6 | 0% |
| 2021 | 616,222 | 570,217 | 46,005 | 21.3 | 0% |
| 2022 | 1,583,407 | 604,148 | 979,259 | 39.5 | 0% |
| 2023 | 2,069,395 | 796,518 | 1,272,877 | 49.2 | 0% |
In its most recent public year (2023), this organization brought in $1,272,877 more than it spent. Its reserves stood at about 49.2 months of spending, down from 717 in 2017. 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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