Great Aspirations Scholarship Program Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 866,234 | 634,747 | 231,487 | 19.5 | 53% |
| 2013 | 1,435,133 | 811,499 | 623,634 | 24.4 | 44% |
| 2014 | 1,596,843 | 978,787 | 618,056 | 27.8 | 45% |
| 2015 | 1,524,671 | 1,050,514 | 474,157 | 31.3 | 48% |
| 2016 | 2,003,035 | 1,197,751 | 805,284 | 35.5 | 43% |
| 2017 | 1,921,038 | 1,646,781 | 274,257 | 27.8 | 36% |
| 2018 | 1,837,707 | 1,771,679 | 66,028 | 26.3 | 38% |
| 2019 | 2,165,058 | 2,323,817 | −158,759 | 19.2 | 34% |
| 2020 | 1,518,825 | 1,698,408 | −179,583 | 25.0 | 47% |
| 2021 | 2,086,879 | 1,516,839 | 570,040 | 32.5 | 49% |
| 2022 | 1,872,899 | 1,570,820 | 302,079 | 33.7 | 56% |
| 2023 | 2,319,158 | 1,984,794 | 334,364 | 28.7 | 49% |
In its most recent public year (2023), this organization brought in $334,364 more than it spent. Its reserves stood at about 28.7 months of spending, up from 19.5 in 2012. Staff pay was 49% of spending. $209,703 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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