Api Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,002 | 18,045 | −10,043 | 72.7 | — |
| 2012 | 25,979 | 7,878 | 18,101 | 194.0 | — |
| 2013 | 31,298 | 11,029 | 20,269 | 160.7 | — |
| 2014 | 11,273 | 9,648 | 1,625 | 185.7 | — |
| 2015 | −1,219 | 12,850 | −14,069 | 126.3 | 0% |
| 2016 | 6,773 | 12,873 | −6,100 | 120.4 | 0% |
| 2017 | 19,904 | 7,889 | 12,015 | 214.7 | 0% |
| 2018 | −12,972 | 3,000 | −15,972 | 500.6 | 0% |
| 2019 | 25,141 | 4,500 | 20,641 | 388.8 | 0% |
| 2020 | 16,579 | 3,000 | 13,579 | 637.5 | 0% |
| 2021 | 20,816 | 20,000 | 816 | 96.1 | 0% |
| 2022 | −22,574 | 17,784 | −40,358 | 80.9 | 0% |
| 2023 | −18,568 | 17,576 | −36,144 | 57.1 | 0% |
In its most recent public year (2023), this organization spent $36,144 more than it brought in. Its reserves stood at about 57.1 months of spending, down from 72.7 in 2011. 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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