Samuel Ready Scholarships Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 734,652 | 721,395 | 13,257 | 216.9 | 0% |
| 2012 | 925,914 | 772,391 | 153,523 | 199.1 | 0% |
| 2013 | 1,027,634 | 832,320 | 195,314 | 209.1 | 0% |
| 2014 | 1,064,940 | 832,594 | 232,346 | 237.6 | 0% |
| 2015 | 1,161,815 | 846,238 | 315,577 | 230.5 | 0% |
| 2016 | 780,627 | 875,736 | −95,109 | 212.8 | 0% |
| 2017 | 1,030,163 | 824,752 | 205,411 | 240.6 | 0% |
| 2018 | 943,909 | 829,143 | 114,766 | 245.8 | 0% |
| 2019 | 968,721 | 814,785 | 153,936 | 258.7 | 0% |
| 2020 | 638,566 | 853,877 | −215,311 | 246.4 | 5% |
| 2021 | 1,362,469 | 919,295 | 443,174 | 281.4 | 0% |
| 2022 | 944,015 | 994,778 | −50,763 | 221.9 | 5% |
| 2023 | 934,610 | 1,017,358 | −82,748 | 233.0 | 7% |
In its most recent public year (2023), this organization spent $82,748 more than it brought in. Its reserves stood at about 233 months of spending, up from 216.9 in 2011. Staff pay was 7% of spending. $215,835 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
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