Scholarships For Scholars
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 109,738 | 179,784 | −70,046 | 75.8 | 0% |
| 2014 | 201,362 | 173,144 | 28,218 | 82.2 | 0% |
| 2015 | 149,605 | 197,956 | −48,351 | 65.0 | 0% |
| 2016 | 131,481 | 215,819 | −84,338 | 54.8 | 0% |
| 2017 | 281,579 | 196,836 | 84,743 | 69.2 | 0% |
| 2018 | 151,132 | 205,178 | −54,046 | 55.0 | 0% |
| 2019 | 745,011 | 210,648 | 534,363 | 91.4 | 0% |
| 2020 | 1,461,540 | 230,330 | 1,231,210 | 159.2 | 20% |
| 2021 | 847,539 | 263,612 | 583,927 | 153.8 | 18% |
| 2022 | 120,266 | 299,057 | −178,791 | 107.2 | 17% |
| 2023 | 140,096 | 262,226 | −122,130 | 131.6 | 24% |
In its most recent public year (2023), this organization spent $122,130 more than it brought in. Its reserves stood at about 131.6 months of spending, up from 75.8 in 2013. Staff pay was 24% of spending. $2,019,267 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
Scholarships For Scholars's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works