Thomas More Scholarship Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,281 | 72,164 | 22,117 | 257.7 | 0% |
| 2021 | 137,349 | 120,255 | 17,094 | 200.7 | 0% |
| 2022 | 165,084 | 96,948 | 68,136 | 220.9 | 0% |
| 2023 | 111,130 | 73,077 | 38,053 | 300.7 | 0% |
| 2024 | 204,578 | 289,151 | −84,573 | 77.0 | 0% |
In its most recent public year (2024), this organization spent $84,573 more than it brought in. Its reserves stood at about 77 months of spending, down from 257.7 in 2020. 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 2024. 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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